First come, first served on this property for $307,500!!! Loads of potential with this 3-bedroom, 1-bath Fixer upper project or Airbnb. Located in greater Napanee in the quaint village of Newburgh. Situated on a spacious lot, this property is yours to transform. It is mid-reno and most of the heavy lifting is already done! Just add your tasteful finishes and list in the hot spring 2025 market! Plumbing, electrical, mudding and most priming is done. Just add your kitchen, bath, flooring and paint to your taste. It is nestled into a huge 66 x 165 lot and has two good sized detached sheds in the back. Well and septic are in good shape, as per the seller.
How can you profit?
1) Move-in: Looking for an escape from the city? Design your rural escape and move in quickly!
2) Airbnb/Short Term Rental: even modest home rentals in the area are going for over $250/night.
3) Realtor’s Bring your clients and add something on top for yourselves!
SUMMARY:
– LOCATION: Newburgh, ON (15 minutes to downtown Napanee)
– PURCHASE PRICE: $307,500 Or Best Offer (Firm, cash offers welcome anytime!)
– AFTER REPAIR VALUE: around $450,000!
– CLOSING: March 26, 2025, but could be flexible. (This is an assignment sale.)
– TYPE: 1 ¾ storey Detached
– BEDS/BATHS: 3 beds/1bath
– PARKING: 2 outdoor spots
– BASEMENT: Crawl space
– SQFT: 1,455
– LOT: 66’ x 165’
– AGE: 1870
– PROPERTY TAX: $1,797 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic finishes!
– A small section of exterior siding.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– The heavy lifting is done!
– Just add your tasteful finishes to enjoy or list onto the hot, 2025 spring market!
– An earlier closing may be able to be arranged.
LISTING ID: 0125-NEW-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard & Randall Reashore
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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