💰👍 Busted House Foundation | 3 Bed, 1 Bath in NW Roanoke (1 of 2) | Great Rental or Flip 👍💰

$150,000 • 3 Beds / 1 Baths • 828 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1955
  • 828
  • 1600
  • No Garage

Description

The upstairs of this house is really not bad at all. The front foundation wall and a rear corner are the primary issues here. Estimates are in the $20-30k range to repair and then upstairs it's a cosmetic rehab to finish it off. 3906 Maine Ave Nw (2nd house is 315 Hanover Ave Nw).


Estimated Maine ARV $189k or Rent at $1,400

Estimated Hanover ARV $129k or Rent at $1,200

Total Estimated ARV >$318k or Rent at $2,600


One of two houses in this package, the other is 315 Hanover Ave Nw.

Estimated Spread

  • ARV $189,000
  • Price $145,000
  • Spread $44,000