Instant Equity on this Fixer...

Published: Wed, 05/10/17

 
Tukwila Fixer​​​​​​​
1580 Finished Sqft  4 Bd/1.5 Bth​​​​​​​
After Repair Value = $385,000

Dear ,

Great opportunity to pick up one of last properties in the low 200's in this part go KING county. Either spend $20k to clean this up and make a quick profit or upgrade the entire structure for a near $400k Sale. New paint, upgraded kitchen, floors and doors could be your secret to a quick fix and flip profit.  Or just move in and take advantage of of the property being way under Zillow value. 
FYI: "Basement Ceiling Height just over 7 ft!"


Rehab Cost:  $35k-65k(depening on upgrades)    
       - New Roof and gutters(Est. $7500)
       - Exterior Facelift($2k-$4k)
       - Kitchen Upgrade($10k-$13k)
       - Bathroom Upgrade(Varies)
        - Interior Paint(Varies)
        - Basement Upgrade
 
 

Recent Comps:  
Comp 1
          4/2   1250 Sqft 
          2912 S. 144th St 98168
          Sold Apr 6, 2017 for $392,000

Comp 3
          3/2   1310 Sqft 
          2620 S. 148th St  98168
               Currently Pending for $389,950

Comp 3
                 
         2/2   1440 Sqft 
         13104 14th Ave S. 98168 
         Sold March, 37,2017 for $375,000

Average Remodeled Comp:   $385,000​​​​​​​


$229,000.00(This is your price)

(Disclaimer:This is for an off market Assignment)
Craig M
Sincerely,
​​​​​​​
Craig

206-800-7087