--, Fontana, KS

Property Status: Sold (Wholesale) | Sold: $7,000.00

Construction/Rehab opportunity too good not to look!

Two city lots with two water meters and one small home REALLY in need of full gut-to-the-studs rehab. This project is for seasoned investors/flippers/home builders only. It's a 2 bedroom, 1 bath needing a full gutting, but when you're done it should rent for $400-$450 in quiet little town, next to beautiful old country church. Rehab and rent or sell, or tear down and build two homes! Here are the numbers: Estimated after-repaired value: $60,000+ for small home - second lot offers additional upside. Repairs needed: Crawlspace foundation stabilizing. Truss, decking repair and new roof. Gut to the studs and redo plumbing, electrical and HVAC. New hot water heater. New kitchen and bath. Subfloor repair. Finishes and fixtures. Asking $7,000 -- less than half of what it would cost to buy the lots outright and install the water meters! If you're a serious, cash buyer this is a seriously awesome deal. Call or text for photos, address and access. Builders Renovators Flippers Investors Investment Deals Auction Home Fixer Uppers Fixer-Upper Rentals Landlords I am assigning my rights in a purchase contract on this property.

Mid-America Association of Real Estate Investors is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

Contact Us

Mid-America Association of Real Estate Investors
  • (913) 815-0111
  • 6709 W 119th St #332
  • LeawoodKS  66209

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