🔥El Paso Value-Add Fixer | Newer Mechanicals + Metal Roof🔥

• 3 Beds / 1 Baths • 1,500 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1920
  • 1500
  • No Garage

Description


Description


3 Bed | 1 Bath | ~1,500 Sq Ft | Full Basement


Investor-friendly rehab opportunity with several major systems already updated. One basement wall is bowing and needs to be braced. Front brick of foundation needs to be tuck pointed. The property needs a full interior renovation. Metal roof, All newer mechincals and updated electric.


🛠 Major Systems

  1. Metal roof – Great condition
  2. Furnace – Newer
  3. Water heater / mechanicals – Newer
  4. Electrical – Updated from original
  5. Breaker panel
  6. Full basement


🔧 Repairs Needed

  1. Full interior renovation
  2. Flooring throughout
  3. Paint / wall repairs throughout
  4. Kitchen renovation
  5. Bathroom renovation
  6. One basement/foundation wall is bowing and will likely need bracing
  7. Front brick needs tuckpointing
  8. General cosmetic updates throughout


💲 Investment Details:

  1. Closing: On or before September 12th
  2. Buyer: to pay all Closing Cost
  3. Title company: The title Center
  4. Estimated repairs: ~50k
  5. Estimated ARV: ~175,000
  6. Vacant at closing
  7. Access via lockbox


For more information and access reach out to Harris at (217) 600-2494 or harris@centrilproperties.com


Disclaimers

IMPORTANT: This listing represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.


Time-sensitive opportunity - this contract is being offered to multiple investors

Estimated Spread

  • ARV $175,000
  • Price $80,000
  • Spread $95,000