**email palmervilagi at hotmail dot com 1932 & 1934 NW Grant Ave UPDATE: -New price $377,000 OBO -updated pics link below -Walk through: Tue 9/2 4:00-5:00 & earlier by appt. 1932 is vacant. tenants for 1934 will be out by 8/30(boxes packed) - Closing: 9/15 - Flip both houses & make $220,000 profit OR Pull out $107,822 with a cash out refi & cash flow $1735/month! (updated proforma links below) County has it under 1934 Grant Ave- 2 houses on one legal lot of .30 acres. from emails with the city there is a separate legal lot (.06 acres) next to 1934 house so the 2 houses are on one legal lot of .24 acres. Emails: (https://drive.google.com/drive/folders/12hqsjk0gUTb4vLZiS2IlqcAOcYWHN6Sv Close to OSU so the best use is likely rentals, maxing the number of bedrooms you can get at $650-$700/bedroom. Or divide into 2 lots & flip one or both. Lastly, you could tear down & put in a new 4 plex etc. RS-9 medium-density zoning-up to 4 units. There is room on the .06 acre lot for on the west side yard of 1934 for an ADU & an ADU doesn't count towards total unit count. Or it’s possible you could build a house on that lot. PACKAGE PRICE: $377,000 OBO •1934 NW Grant Ave Listed on county records as a 3/2, 1136 ft on .12 acres of the .30 acres. Set up as an un-permitted duplex with each unit as a 1/1 with 9 ft ceilings & some hardwood floors. There is an unfinished attic that runs the full length of the house that could be finished into 3 more bedrooms & approx 500 sq ft to make it a 1636 ft house. Option to convert downstairs back into one house by taking out the divider wall to get 3 bedrooms downstairs instead of 2 which would give 6 bedrooms! At $650/room that’s $3900/mo in rents. ARV $415,000 REPAIRS($75,000) Exterior paint Siding Windows Roof Gutters Facia Drywall Bathrooms Kitchen Interior paint Demo Misc Plumbing/Electrical Misc Foundation Flooring PICS https://drive.google.com/drive/folders/11sfwQO86uAl_YPjUGaU-6L7FvauDAETh COMPS https://docs.google.com/file/d/1u6PZVUgWTWGQK556XUUwyhrWd2BwI3uj/edit?usp=docslist_api&filetype=msexcel RENTAL PROFORMA (BRRRR w/ cash out refi) https://app.dealcheck.io/?utm_source=FLIP+HOMES&utm_campaign=27fe1a4e36-EMAIL_CAMPAIGN_2020_07_08_11_40_COPY_08&utm_medium=email&utm_term=0_74a71b6ea6-27fe1a4e36-402857902#!/shared/-MBkg1vD14O8f0LppB1M FLIP PROFORMA https://app.dealcheck.io/?utm_source=FLIP+HOMES&utm_campaign=27fe1a4e36-EMAIL_CAMPAIGN_2020_07_08_11_40_COPY_08&utm_medium=email&utm_term=0_74a71b6ea6-27fe1a4e36-402857902#!/shared/-MBkgkI0U18-dzWw8fpT •1932 NW Grant Ave 4 bed 1 bath, 1292 ft w finished attic & big back yard, on .12 acres of the total .30 acres. At $650/room that’s $2600/mo in gross rents. ARV $375,000 REPAIRS($60,000) Exterior paint Siding Windows Roof Gutters Facia Drywall Bathrooms Kitchen Interior paint Demo Misc Plumbing/Electrical Misc Foundation Flooring PICS https://drive.google.com/drive/folders/11zxG7x8EdnD8dkEC8KcejBxGwk2NFf2q COMPS https://docs.google.com/file/d/1pvomVY7_9HqtpqSY9wNFIBuGyp4hTJzs/edit?usp=docslist_api&filetype=msexcel RENTAL PROFORMA (BRRRR w/ cash out refi) https://app.dealcheck.io/?utm_source=FLIP+HOMES&utm_campaign=27fe1a4e36-EMAIL_CAMPAIGN_2020_07_08_11_40_COPY_08&utm_medium=email&utm_term=0_74a71b6ea6-27fe1a4e36-402857902#!/shared/-MBkB8drWQASPaQUtAGj FLIP PROFORMA https://app.dealcheck.io/?utm_source=FLIP+HOMES&utm_campaign=27fe1a4e36-EMAIL_CAMPAIGN_2020_07_08_11_40_COPY_08&utm_medium=email&utm_term=0_74a71b6ea6-27fe1a4e36-402857902#!/shared/-MBkI59K83Bgu1wn4FJN *available to Cash Buyers who can close quickly. Buyer pays both sides of closing costs. Offers to be made "as-is" without contingencies. Buyer to make $5k non-refundable EMD in 24 hours after contract is assigned. We do not represent the seller & are selling/assigning our rights to the purchase contract.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
