$45,000

515 SW 16th St, Richmond, IN 47374

515, Southwest 16th Street, Richmond, Wayne County, Indiana, 47374, United States

Description

Fix and flip or buy and hold rental opportunity on a nice size lot with a fenced in front yard for kids or pets to play, the home will need some updates depending on your exit strategy. Rents in the area are between $800 – $900/month.

– Kitchen: good condition, newer stove, appliances in the kitchen will stay in the home.
– Bathroom: good condition, toilet was replaced 3 years ago
– Roof: shingle roof replaced 3 years ago by previous owner
– HVAC: no central HVAC, baseboard heating, window AC units, good working condition per the seller.
– Electrical: good condition, no issues per the seller.
– Plumbing: good condition, no issues per the seller.
– Miscellaneous: new hot water heater, city sewer and city water. The home is fenced in with a security gate. Could use some cosmetic updates. Photos show windows boarded up, however the windows are still there and in good shape, except the kitchen window has a crack in it and needs to be replaced.
– Occupancy: occupied and will be delivered vacant at close of escrow.

Contact Kevyn to make an offer or to get access for viewing.



After Repair Value: $115,000

Wholesale Price: $45,000

Address

Others Detail

  • Financing: Cash or hard money only
  • Earnest Money: $2,500
  • Closing Costs: Buyer pays all closing costs
  • Inspection Period: 0 days after buyer signs contract

Features

  • House

Contact Agent

Kevyn Green

🎯Avid dealmaker focused on real estate, investing, finance and helping others achieve great success. To make an offer, get property...

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