Property Description:
Here is a great, all brick investment home in Springfield with a fenced in yard and nice front porch. The property has 3 bedrooms and 1 bath along with a large living space and utility room. This house has been lived in by the same homeowner for 13 years and has had some repairs since he bought it. Since he moved in, the roof, HVAC and most of the windows were all replaced.
As far as the outside goes, the front porch awning could use some new support, a few windows replaced, and there is some cracking in the brick in one area of the house that will need addressed. We have recently got a physical bid for this repair of $3000 to fix the minor structural work that the property will need.
On the inside, the electrical and plumbing are all in good shape with no issues there. The floors are hardwood through the living spaces and tile in the kitchen and bathroom, all in good shape, just needing refinished. The kitchen and bath will need updated and improved and the rest of the house will need general cosmetic work.
The comps on an average rehab for this property place it right around $80,000-$85,000 ARV. I’m asking $47,000.
Feel free to reach out to me at 417-569-5078 anytime. I have more pictures of the property and can show it to you as well. There is a homeowner still living there, so please do not disturb. Thanks