*INVESTOR ALERT* Rehab or tear down

$530,000 -3 Day Inspection -$5k Earnest -30 Day close


Valuable lot zoned SF5000 in the heart of Madison Valley. Excellent investment property in great location. Close to schools, shopping, bus routes & great neighborhood. Large flat lot with mature landscaping providing privacy. On bus line for easy commuting. Solid home in need of attention. Rehab or build a new home. Mostly finished basement with good ceiling height. New townhomes directly across the street selling in the mid 800's. Lot is zoned single-family SF5000.
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Rehab: $60,000 ARV: $730,000 Profit: $53,000

Repairs Needed:

  • Windows
  • Roof
  • New kitchen
  • Appliances
  • Finish 2nd floor
  • Redo bathroom on main
  • Re-plumb house Update electrical
  • Add 2 bedrooms, laundry and bathroom in basement
  • Fully finish basement
  • Paint interior/exterior
  • Minimal landscaping
  • Flooring throughout
  • Doors / trim

Townhomes on Same Street

Townhomes directly in front of this home 1,977sqft selling for $829,000.

Comps & Pro Forma available