Wholesale Fix And Flip

OFF-MARKET DEAL, 70k Spread – Scranton, PA (18505)

South Side, Scranton, Scranton, PA 18505

$240,000 After Repair Value -
$129,900 Asking Price -
$40,000 Cost of Repairs =
$70,100 Potential Profit

Property Details

Asking Price $129,900

After Repair Value $240,000

Costs of Repairs $40,000

Potential Profit $70,100

Living Area 1800 ft2

Property Type Duplex

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

Up-down duplex: 3 bed / 2 bath / 1,800 SFAsking Price (incl. assignment): $129,900Est. ARV: $230–240K ARV (see link below for comps)Est. Renovation Costs: $36 – $43k (see link below for estimate details)Occupancy: First floor vacant; second floor will be vacant at closingCondition (overall): Strong bones with value-add upside via targeted cosmetic updatesCondition (first-floor): Mid-renovation — gutted kitchen & bath, bedroom half-doneCondition (second-floor): Livable but dated — 20-year-old kitchen & bathFull details, photos, and comps here: - https://decimalpe.notion.site/Off-Market-Deal-Handyman-Special-Fixer-Opportunity-in-Scranton-PA-23b29b9a9d7080ebb38fdfd9d63744b2?source=copy_link

Repairs Needed

Full details of repairs required: https://decimalpe.notion.site/How-we-estimated-the-36-43k-renovation-costs-23b29b9a9d7080c99cf1f7bfa34b0c1b?source=copy_link

CONTACT LISTING OWNER

George Punnen

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