Available
$38,888(ARV: $180,000)22% of ARV

Lehigh County, Slatington, PA 18080

4 bd1 ba1,191 sfBuilt 1885

4 days ago

Gross spread$141,112

Description

Purchase Price: $38,888 Buy It Now: $41,111 Property Overview 4 Bedrooms 1 Bathroom Approx. 1,600+ SF Nice-sized lot Driveway parking Vacant Single Family Residence This is exactly the type of project seasoned rehabbers look for—solid bones, plenty of square footage, and an acquisition price that leaves room for a profitable renovation. Investment Summary Purchase Price $38,888 Estimated Rehab $70,000-$110,000 Estimated ARV $170,000-$180,000 (ARV based on our independent analysis of nearby renovated comparable sales. Investors should perform their own due diligence.) Estimated Tax Information: $2,231.08 Rehab Scope This is not a cosmetic flip. Plan for a substantial renovation including: Complete Kitchen Remodel Bathroom Remodel Flooring Throughout Interior Paint Drywall Repairs Finish Carpentry Lighting & Fixtures Mechanical Updates as Needed Exterior Cleanup & Landscaping Window Evaluation Roof & Major Systems Verification The property appears to have solid bones but should be underwritten as a full renovation. Why We Like This Deal Large floor plan Character home with strong resale appeal Acquisition price leaves room for investor profit Heavy value-add opportunity Multiple exit strategies Manageable project for an experienced rehabber Exit Strategies Fix & Flip Estimated ARV: $180,000-$200,000 Ideal for investors looking to renovate and resell. BRRRR Strategy Renovate, refinance, and hold as a long-term rental. The purchase price creates an opportunity to build equity through renovation while adding another asset to your portfolio. Long-Term Rental Renovate and hold for cash flow. Older homes with this amount of square footage continue to attract long-term tenants looking for affordable housing in the area. Investor Notes This property is best suited for experienced investors comfortable with larger renovation projects. We recommend performing your own inspections and verifying all estimates, measurements, and repair costs. Opportunities at this acquisition price don't come around often in today's market. Need Funding For This Deal? Don't let capital stop you from locking up your next project. Cash Funding Hard Money Loans Fast Closings Investor-Friendly Funding [contact details hidden] Property Access Showings available by appointment Call Evan McDaniel: [contact details hidden]

Property

Bedrooms4
Bathrooms1
Square feet1,191
Lot size7,275 sf
Year built1885
ConditionFull Rehab
OccupancyVacant
ParkingDriveway

Systems & condition

HeatingBaseboard
Air conditioningNone
FoundationOther
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing107
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