604 E 9th Ave, Corsicana, Texas, 75110 - ACTIVE
New Corsicana Wholesale Property
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Asking Price: $32,000
ARV: $108,000
Repairs: $45,000
Type: Single Family
3 Beds |
1.0 Baths
Living SQFT: 1,656
Lot SQFT: 11,500
Year Built: 1940


Additional Information

Description

604 E 9th Ave
Corsicana, TX 75110

ARV: $108,000
Repairs: $45,000
Price: $32,000

Description:
This single family home is located in the Corsicana subdivision in the heart of town. This house has soaring 10' ceilings that make the place feel very big. Sitting on a nice size lot, the house has 3 bedrooms (including an upstairs attic type room) and 1 bath.

Repairs:
This home will need a little bit of everything starting with a new roof, siding repair and paint, signs of foundation adjustment are prevalent. Many of the walls are wood paneling and can be replaced with drywall if desired. A new HVAC system will be needed and the rest is a full cosmetic update. Work was started on the kitchen and the cabinets can be salvaged if desired.

Value:
There are only a couple of comparable sales in the area and one of them was brick that sold at the high end of the spectrum and a frame house that sold at the low end of that spectrum. Both of those houses about 300 SqFt smaller but should give a good idea of the value that can be found.
On the rental side, this is where the light shines with lease rates that would suggest $1,000 - $1,200/mo!

Buyer to do their own due diligence. Buyer to pay all closing costs. A non-refundable $3,000 deposit will be required unless other arrangements are agreed.

Contact us today for showing instructions.


Features


Wholesale Properties Must Be Purchased With Cash Or Hard Money.


Jon
Phone:     817-753-2577
Email:       Jon@homebuyerscomplete.com
"Home Buyers Complete does not claim to be the owner of all of the properties for sale. If we are not the owners then we simply have an equitable interest in the property. Home Buyers Complete is a real estate investment firm and does not claim to be licensed real estate agents or brokers."