Who’s looking for a profitable property?
Lots of renos required, but this will be a stunner on 2 acres when you’re done! Vacant land on some acreage down the road recently sold for high $200s, and there’s no house on the lot! Buy this much cheaper for $245k, renovate, and sell well into the $600s.
SUMMARY:
– LOCATION: Corbyville (Belleville), ON (401 and Shannonville Rd)
– PURCHASE PRICE: $245,000 Or Best Offer
– AFTER REPAIR VALUE: $600k+
– CLOSING: June 24, 2024 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 4 Beds/1 Bath
– PARKING: 6+ Spaces
– BASEMENT: Crawl Space
– SQFT: 1584 sq. ft.
– BIG LOT: 2+ Acres
– AGE: 1962
– ZONING: Rural
– WELL/SEPTIC
– PROPERTY TAX: $1826 in 2023
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– This property requires extensive renovations. Siding, roof, windows, drywall, insulation, finish plumbing, foundation repair. Lots of renos started but incomplete. Seller will leave some reno materials behind.
– Cosmetic updates to kitchen and bath.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
GOOD NEWS:
– Many recent upgrades such as new roof, electrical, electric hot water tank and heat pump
Please let us know if you want to view it or if you want us to email you the info package. (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