$26,000+++ Profit with this Easy Flip!

$26,000+++ Profit with this Easy Flip!
Deal Type Retail / Flip
Availability AVAILABLE

Purchase Price $28,000
Rehab Price $46,100
Net Profit $26,465
Annualized Return 60.5400%

1683 N. 56th Street
Philadelphia, PA 19131

This Overbrook (W. Philly) row home is best configured as a retail flip to a “move up” buyer that already lives in/near the area. The property will be redeveloped to a modern open floor plan and 4 full bedrooms to accommodate a growing family. See plan drawings on pages 7 and 8.

This property has appraised for a solid $132,000. We are setting the final sale price for this property (after all concessions) $9,000 below that price at $123,000 to effectively eliminate any competing properties on price. The goal is to sell this home fast and at the beginning of the Spring selling season in late May/early June. Even with this aggressive pricing strategy this investment will yield over $26,465.00 in quick profits!

For more information or comments go to: mbhomessolutions@gmail.com/