3/2 Rancher Under $30k! Getting Silly About Stealing Houses!
Folks….we have a Block house at 400 Oak Street in NEW SMYRNA BEACH FLORIDA that is 1400 square feet that will be sold by this coming Tuesday. It will be sold for CASH ONLY, no financing, no government special programs, do not pass go, do not collect $200.00.
The house needs a roof, though I didn’t see any active signs of leaking upon inspection. It needs electrical rework because it still has fuses and some scary rigging with black tape and orange extension chords going into the electrical box….I’m sure an electrician’s nightmare! The kitchen is a tear out and the baths are worn out, but there are two of them.
Currently there is no central air or heat but when you put the new roof on and trusses, you can put in the duct work at the same time in this ranch home and you will have greatly improved this property. As I’ve said, this is a rehab job. People come to us all the time asking about the deals and here is one…and when we say…it needs…..and we start with the punch list….then we hear the…..but…but…..come on guys…..I’ve just had my 3rd phone call that objected to how much work this house needs.
This house is on the market for $29900 which is below land value for the lot! If you put $30000 into the property the total investment will be $59900….do the math….the as repaired value on this property that is less that five miles from the beaches…New Smyrna Beach….is- even in this soft market conservatively $85000-$90000!
If you are a flipper….a rehabber…..or a sane person who is looking to have a nice home and immediate equity….call us! We are holding this house open this Saturday from 11 am to 3 pm…once again, the address is 400 Oak Street, New Smyrna Beach Florida- 386-402-4610. Offers will be accepted through Monday 5 PM…cash only, proof of funds required so get them ready now, there will be no exceptions made.