This one’s for investors who love a project to sink their teeth into! Buy for $399k, renovate, and sell in the mid $600s. This property is ripe for renos and offers immense profit potential. With strategic updates, capitalize on the lucrative spread to maximize your returns. Don’t miss out on this golden investment opportunity!
SUMMARY:
– LOCATION: Oshawa, ON (King St & Ritson Rd)
– PURCHASE PRICE: $399,900 Or Best Offer. Will consider sight unseen offers.
– AFTER REPAIR VALUE: Mid $600s
– CLOSING: June 4, 2024 (This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 3 Beds/1 Bath
– PARKING: 2 Cars in Driveway
– BASEMENT: Unfinished/Dirt Floor. Separate Entrance. Low Ceilings.
– SQFT: 1463
– LOT: 39’ x 125’
– AGE: 1900
– PROPERTY TAX: Approx $3,190/year
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– This property is in rough shape and requires extensive renovations (cosmetic updates, appliances, roof, windows, leaky basement, drywall/ceiling repair, possible foundation issues, etc.) Inspection report available.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Lots of room to add value with $250k++ spread
Please reply to this email to request an info package. (Inspection Report, Comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.