High Margin Flip House in Super Hot Knoxville Neighborhood! Available

  • $45000
  • 3 beds
  • 1 baths
  • 1069 sqft

Please Contact Kyle at 865-292-8434

 

Great curb appeal from the street and properties across the street look great and many have been recently renovated. Currently 2/1 with 1069 square foot with addition 500 square foot available in basement to make it a 3/2. Large master bedroom and fenced in back yard. House needs A LOT but is priced to make over $50,000 net when completed. Here are the numbers:

ARV: $185,000 (1,069 sqft x $173/sqft)

Repairs $65,000

185,000 x 0.7 = 129,500

129,500 – 65,000 = 64,500 (priced well below standard wholesale at 45k)

Comps provided below:

 

Price:
$45000
Address:
430 E Oldham Ave
Knoxville, TN 37716
Square Feet:
1069
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1920
Basement:
1/2 Finished, Additional 500+ square foot in basement
Const. Type:
Craftsman

Additional Features

Huuuuge Potential on a great street in Hot Happy Holler North Knoxville neighborhood. Currently 2/1 bath with 1,069 square foot upstairs and additional room for bed, bath and den downstairs making total square footage 1,570 square foot.

Call (865) 321-8999 for more details

Property Location