favorite this post $20000 / 3br - 1400ft2 - ~~ Great as an Investment Property ~~ OWNER FINANCING AVAILABLE! (Deposit, NY) hide this posting unhide

37 Elm Street

(google map)

3BR / 1Ba 1400ft2


37 Elm Street, Deposit, NY 13754
Price $20,000

Bedrooms: 3
Baths: 1
Sq Footage: 1,400
Year Built: 1906
Acres: 0.13

OWNER FINANCING AVAILABLE! Bring your DIY skills, plans, and builder to this four bedroom two story diamond in the rough that wants to be made pretty again. All the demo has been done and the property has an upgraded 200 amp service and the second floor has been completely rewired. Nice covered front porch, 2 car detached garage, and off street parking for 6 cars.

Call me to visit my house at show contact info

If you are a real estate investor looking to buy, fix, and re-sell this property then below is some analysis:

Purchase Price: $ 20,000
Total Estimated Repairs: $ 55,000
Transfer Tax: $ 200
Closing Costs: $ 400
Buyer's initial investment: $ 75,600

After Repaired Value: $ 115,000
Buyer's initial investment: $ 75,600
Selling Costs: $ 5,750
Transfer Tax: $ 1,150
Closing Costs: $ 2,300
Your Anticipated Gross Profit: $30,200

*Overhead and Holding Costs NOT included since varies per investor

Call me to visit my house: show contact info
  • do NOT contact me with unsolicited services or offers

post id: 6799922533



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