Wholesale

Contractors Investment Opportunity-Cash Flowing Opportunity

14 Oakley St, Dorchester Center, MA 2124

$735,000 After Repair Value -
$580,000 Asking Price -
$45,000 Cost of Repairs =
$110,000 Potential Profit

Property Details

Asking Price $580,000

After Repair Value $735,000

Costs of Repairs $45,000

Potential Profit $110,000

Living Area 2024 ft2

Property Type Single Family House

Bedrooms 5

Bathrooms 2

Half Bathrooms N/A

Parking 2

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $38,400

Yearly Expenses $9,376

Property Taxes $3,826

Net Operating Income $25,198

Cap Rate 3.5

Property Description

This 5 bedroom 2 Bath 2024 SF Single Family Boston Home Has All The Works! All major demo has been completed along with full gut and rough-in. All work has been permitted and inspected in accordance to Commonwealth of Massachusetts guidelines. Out of a $95,000 budgeted repair estimate, $65,000 has been completed. We have a new roof, new deck, all new windows, new MEP including electrical, plumbing, and plumbing. All new air handling unit has been installed along with pipe and brand new electrical system. We also demo’d and reconstructed the two car garage in backyard. This entire deal is one in a Million! Do not miss out on this opportunity.

Repairs Needed

Will need to close up walls, paint and add vinyl flooring or refurbish existing. All major work has been 100% completes and inspected in accordance to Massachusetts inspectors.

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