Wholesale Fix And Flip Cash Flowing FSBO

GREAT INVESTMENT OPPORTUNITY - FIX/FLIP OR BUY/HOLD!!!

1533 13th St, Port Arthur, TX 77640

$126,189 After Repair Value -
$57,000 Asking Price -
$50,000 Cost of Repairs =
$19,189 Potential Profit

Property Details

Asking Price $57,000

After Repair Value $126,189

Costs of Repairs $50,000

Potential Profit $19,189

Living Area 1104 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms N/A

Parking 0

Listed with Agent 0

Property Description

ADDRESS: 1533 13th St, Port Arthur, TX 77640INFO: 3B 1BTH, 1104 SQ FTARV: $126,189 REPAIRS: $50,000Timeline in selling:3 daysReason for selling - pay taxesAsking price ($57,000) HighestAsking price ($40,000) LowestMortgage Amount: $25,000 in owed taxesListed on the MLS: NoMandatory HOA Fees: NoOccupancy Status: VacantPre-foreclosure / Foreclosure: N/ACondition of property: FairImmediate repairs: the homes infrastructure is in fair shape Major property damage: not that I am aware of Utilities available: PublicGreat investment property. This would be a good fix/flip portfolio piece, buy/hold/ situation/ Owner Finance exit strategy could be applied here, multi options at a cheap price. There is approx. $25,000 owed in back taxes. The son doesn\'t want to task of the upkeep and getting the property back in good condition. The electrical, plumbing, and structural component function but will need upgraded. The roof will new replacing and all flooring will need new installation. It needs some good TLC, but you can definitely make your money back.

Repairs Needed

The entire home will need to be updated in order to modernize this property. I.e. Flooring, updated kitchen/batch, roof, and windows.

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Daniels Infrastructure and Services

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