Property Description:
ARV: $250,000
Purchase Price: $60,000 OBO
Rent: $1,750/mo.
Inspection Period End Date: August 22, 2025
Closing Date: September 16, 2025
Call/text for videos of the property, as the file wouldn't convert to the REIN website.
Comps:
316 W Cedar St (Move-In Ready): 3/1.5, 1,520 sq ft, Year Build-1925: Sold 04-25 @ $245,000
405 W Cedar St (Brick): 3/2, 1,975 sq ft, Year Build-1925: Sold 05-16 @ $307,000
409 Lone Oak Dr (Brick): 4/2, 2,358 sq ft, Year Build-1967: Sold 06-13 @ $272,500
405 West St (Brick): 3/2, 1,517 sq ft, Year Build-1969: Sold 06-16 @ $229,900
405 Lynwood Dr (Move-In Ready, Updated Exterior + Windows, Older Interior Updates): 3/2, 2,044 sq ft, Year Build-1968: Sold 06-24 @ $294,900
Walker Ave splits the neighborhood from N to S. All the properties on the E sell for about 10-15% higher than properties on the W, but I spoke to a listing agent in the W area, who has a duplex flip listed, and she said she was getting a TON of traffic on her listing.