This one is not for the faint of heart…. but man could this thing make you some money.
This is a gutted house in Old Southwest. It needs everything. Recon estimates are between $80000 and $100000. The really well done stuff in the neighborhood with comparable square footage sells for as much as $240000. Ordinary product regularly sells for $130000 to $170000, and there are investor comps in the $40000 range. It’s hard to imagine this house at this price doesn’t have a fit for someone out there in real estate investor land.
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