Fantastic fixer upper opportunity. This approximately 1600 sf, 3 bedroom home sits on over two acres and has another small 720 sf 2 bedroom rental home. All the big-ticket items, heating system, water heater, roof, appear to be in good condition. Flip this home and realize a huge profit. As a minimun you'd need to replace the flooring and paint everything. But why stop there, you can afford to put in a custom kitchen at this price. For instance, even if you went crazy and spent $100,000 on the flip, my estimates show you could still make $135,000 in profit. The estimated analysis shows the home and property could be with minimum $450,000 fully rehabbed.
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