FIXER UPPER ALERT!! Here's a great opportunity for only the most experienced investors. See online docs for: Appraiser Measured SF - 2734, estimated reno - $152k, Comp Report - $585k++. Everything from the roof to the basement will need to be renovated. Ceiling heights in the basement exceed 7 feet tall (meet ANSI standards). The basement was previously set up as an apartment, but can be converted to any space that you like. Located in the exclusive Heights/Hillcrest area, this home has tons of potential. Based on the 75% Rule, this home still has plenty of meat left on the bone for someone looking for a good ROI: ARV ($585k) x 75% = $438,750 - Reno ($152k) = Offer Price ($286,750). Sold as is, no disclosure. Do your due diligence before making an offer. Seller will not go under contract with an inspection contingency (Box 16.A on contract/ Box 1.C. on IRSA).***See agent remarks***
Active
Price cut: $11K (9/25)
$260,000
1109 Kavanaugh Blvd, Little Rock, AR 72205
4beds
2,734sqft
Est.:
Single Family Residence
Built in 1920
5,227.2 Square Feet Lot
$262,600 Zestimate®
$95/sqft
$-- HOA
What's special
- 35 days |
- 2,227 |
- 27 |
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