350k-400k+ 3-Level Turn of the Century 6/3 in Natchez, MS w/ FULL BASEMENT!!

138 Homochitto St, Natchez, MS 39120

$340,240 After Repair Value -
$160,000 Asking Price -
$85,000 Cost of Repairs =
$95,240 Potential Profit

Property Details

Asking Price $160,000

After Repair Value $340,240

Costs of Repairs $85,000

Potential Profit $95,240

Living Area 3710 ft2

Property Type Single Family House

Bedrooms +6

Bathrooms 3

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

I have an off-market 3-level 6 bed 3 bath turn of the century home in Natchez, MS that sits on 1 1/2 acres. ARV is 350k-400k. The home also features a full basement that could add another 1200-1500 sq ft. Im also a contractor and to refurbish the home would cost from 70k-110k. The 3rd level needs a possible full gut (fire damaged), walls and ceilings throughout the home, roof, and the porch. Homeowner is a client of ours who was going to remodel but decided not to go through with it. I\'m selling the contract for 160k. Title is clear, there are no liens, remaining balances, or encumbrances. Contact me at anytime with any questions or concerns that you may have. Have a blessed day.

Repairs Needed

The 3rd level needs a possible full gut (fire damaged), walls and ceilings throughout the home, roof, and the porch. Foundation, electricity, and HVAC system is all fine.

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