Wholesale Fix And Flip Cash Flowing

OFF-MARKET TRUE DUPLEX | SOLID BRICK | WAYCROSS, GA

604 Hicks St, Waycross, GA 31501

$155,000 After Repair Value -
$65,000 Asking Price -
$35,000 Cost of Repairs =
$55,000 Potential Profit

Property Details

Asking Price $65,000

After Repair Value $155,000

Costs of Repairs $35,000

Potential Profit $55,000

Living Area 1680 ft2

Property Type Duplex

Bedrooms 4

Bathrooms 2

Half Bathrooms N/A

Parking 1

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $1,600

Yearly Expenses $800

Property Taxes $800

Net Operating Income N/A

Cap Rate N/A

Property Description

Rare 2-Unit Value Play – Same Building (Not Converted)???? 604 Hicks St, Waycross, GA 31501Property Overview? True Duplex (2 units in same structure)? Solid Brick Construction? 2 Front Doors + Separate Side Entrances (to kitchens)? 4 Bed / 2 Bath Total? 1,680 Sq Ft? Built 1947? City utilities? Strong rental demand pocketConditionVacantRehab needed???? $10k–$20k ? Rent-ready???? $25k–$40k ? Full flip / retail finishValue Upside???? ARV: ~$135k–$145k (based on nearby renovated brick comps)???? Excellent buy-and-hold OR flip opportunity??????? Brick duplexes in this area are rare at this price pointDeal Terms???? Price: $65,000 (Assignment)????? Quick close preferred???? Clean title – assignment allowed???? JV considered with strong GA buyers???? Serious investors onlyReply or message for photos, comps, and access details.

Repairs Needed

Light rehab : $10k-$15k for rental ready\r\nMedium to moderate Rehab : $25k-$40k for fix and flip

CONTACT LISTING OWNER

Hammad Khan

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