BOGO - Buy House, Get Lot to Build Another -- 2x Your ROI. I am open to JV with you as you do your first or next flip. Your choice! Beautiful forested, well-kept neighborhood of Landmark with newer school 1/2 mile down the road. This WWII ranchstyle cabin is begging to be turned into a cozy, country cottage, and these homes are being snatched up quickly (median is 50 days in Landmark) and when fixed up--these are the first to sell. General price range of homes in Landmark is $142,000 to $250,000.. Minimal zoning means homeowner can bring the chicken, the goat and build their Victory Garden. Good bones on this house so send over your design team and get set for a quick renovation.
*Vinyl plank flooring is brand new in living areas.
*The tradesmen need to do a little tuneup -- about $3500 in electrical.
*Seller says HVAC works, plumbing seems to be leak-free and good water pressure.
*Shiplap siding just painted. Roof shows no signs of leaking, shingles may be okay.
*Pulaski County says a boundary adjustment is permissable to enlarge the second lot to half-acre and make it buildable, accommodating a new septic system. This requires a perc test which runs $400 to $850. System is minimum $6000. Water and electric are available. Both house lot and vacant lot nicely level and above street level which make likelihood of vacant lot proving airable. The house is already on septic, so if development and building new is not your thing, sell house with 2nd lot to homeowner for a great homesite over an acre.
*I am available to help with the research so you know exactly what you are buying. I have experience in two other states as real estate agent and investor for over 3 decades. New investors, I am happy to help, mentor or JV. Seasoned investors, grab it before it's gone this week.
*Buy this cash to close by August 1.
*Let's open a conversation and close the sale. Text first or just call. I will answer if my hands are free from floor laying, painting, shooting in baseboard, sanding, installing light fixtures, assemblying a cable deck railing`....you get the idea!