King County, Skykomish, WA 98288
1 bd1 ba640 sfBuilt 1929
Gross spread$190,000
Description
Hey! We have a solid investment opportunity in Skykomish. Comparable homes in the area are selling for more than $460,000, offering strong upside potential for the right buyer. This is an assignment of contract, so please do not contact the seller directly. Thank you! Property Info Address: 101 S 3rd St, Skykomish, WA 98288 Effective Year Built: 1990 Total Area: 640 S/F Beds / Baths: 1Bed / 1 BathUtilities: Public water/sewer Garage: Detached Garage (probably 300-400S/F) Assessed Value: $300,000 Tax Assessor Land S/F / Zoning: 5,000 S/F / Residential Zoning Photos and Videos: No current photos/videos we will get those soon, tenant is occupying the property Terms Price: $270,000 Closing: August 24 or sooner EM Deposit: $15,000 Seller pays own excise tax/closing costs. Possession: Vacant at closing Analysis ARV: 460,000 Rehab: 64,000 ($100 per s/f) Potential Profit: $79,000 ROI: 22% Comparables Active listing around 675-700k Click here Disclaimer: Forest Investments LLC is not responsible or liable for any buyer’s gains or losses. This proposal is an estimate of potential profits only and not actual financials. You are responsible for your own investment research and investment decisions. Forest Investments LLC directors, employees, and agents will not be liable for any investment decision made or action taken by you based on this proposal, information, opinion, or any other material published through our services.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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