April 24, 2024 #Featured
Joann Dr, Mulvane, KS 67110
Smart Investment Opportunity: Joann Dr, Mulvane, KS 67110
Unlock the value with this solid 3-bedroom, 1.5-bathroom brick home in Mulvane, offering a substantial 1,980 sqft of living space on a 9,146 sqft lot. This property features a 2-car attached garage, a covered back deck, and a privacy-enhancing fenced backyard, located conveniently close to top-rated schools and inviting community parks.
Key Property Features:
- Expandable Living Space: The huge unfinished basement is a blank slate, ready to be transformed into a 4-bedroom, 2-bath setup, increasing both functionality and market appeal.
- Community Advantage: The proximity to esteemed schools and parks adds a desirable layer to the property’s location, enhancing its potential as a family home or a high-demand rental.
- Solid Foundation: With its “good bones” and robust 1970 construction, this home requires minimal ongoing maintenance, allowing for more focus on enhancements that add value.
Investment Highlights:
- Competitive Starting Bid: Starting at $130,000 with a clear pathway to an ARV of $215,000, reflecting an exceptional market opportunity.
- Potential Rental Income: Set to generate around $1,200 per month, offering a robust return on investment.
- Minimum EMD: $2,500
- Annual Taxes: $2,380
This property is not just a house but an investment waiting to reward you. With its straightforward potential for enhancement and strong foundation for growth, 1216 Joann Dr stands out as a prudent choice for investors, ready to yield immediate benefits and long-term gains.
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April 11, 2024
S All Hallows St, Wichita, KS 67213
Investment Opportunity on S All Hallows St, Wichita, KS 67213
Explore this solid investment in a 2-bedroom, 2-bathroom single-family home, poised for significant growth. Built in 1937 and located in Wichita, this property features 820 sqft of living space on a 6970 sqft lot, ideal for those looking to enter the rental market or undertake a rewarding fix and flip project.
Key Details:
- Structure: 2 bedrooms, 2 bathrooms.
- Lot Size: 6970 sqft with a detached single-car garage.
- Basement: Partially finished, adding functional space with potential for enhancement.
- Tax Information: $3,979 annually.
Financials & Investment Potential:
- Starting Bid Price: $60,000.
- Minimum EMD: $2,500.
- Rental Opportunity: Ready to be prepared for rental with potential rates from $900 to $1,250.
- Investment Upside: Significant upside for investors seeking a practical project with a promising return.
Positioned as a pragmatic choice for both novice and seasoned investors, this property offers the chance to secure a profitable investment with a manageable initial outlay. Take advantage of this opportunity to expand your portfolio and realize substantial gains from either a rental setup or a quick property flip.
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February 29, 2024
Alexander Dr, Haysville, KS 67060
Investment Opportunity: Alexander Dr, Haysville, KS 67060
Unlock the potential of this charming brick single-family home, nestled in the heart of Haysville. Boasting 3 bedrooms and 1 bathroom across 1,100 sq. ft., this property presents a lucrative venture for the astute investor.
Key Features:
- Strategic Location: Situated on a generous 7,841 sq. ft. lot, built in 1955, embodying the robust character and potential for value appreciation.
- Investor’s Advantage: Starting offers at $90,000 with an estimated after-repair value (ARV) of $168,000. With a calculated rehab budget of $25,000, anticipate a potential profit spread of $53,000, setting the stage for a rewarding flip or rental opportunity.
- Ready for Action: This home comes with essential amenities, including a fenced backyard, efficient A/C and heating, and a convenient one-car garage. No basement simplifies the renovation process, allowing for a straightforward value-add strategy.
Investment Snapshot:
- Starting at: $90,000
- Estimated ARV: $168,000
- Rehab Budget: $25,000
- Potential Profit Spread: $53,000
- Minimum EMD: $2,500
- Tax Information: $12,455
Designed for investors seeking a project with a clear path to profitability, this property is ripe for renovation or immediate rental. Whether you’re looking to expand your portfolio or embark on a lucrative flip, 416 Alexander Dr offers the perfect canvas for your next successful real estate investment.
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February 15, 2024
2508 E Mossman Ave, Wichita, KS 67214
A Visionary’s Investment Dream: Your Next Profitable Project
Unlock the door to opportunity with this hidden gem, a bungalow that’s a canvas for your creative restoration. Situated in an up-and-coming neighborhood, this property is a call to all investors looking to capitalize on potential.
Financial Snapshot:
- After Repair Value (ARV): Estimated at a robust $115,000
- Purchase Price: An accessible $35,000
- Rehab Budget: A projected $50,000 to unlock its full potential
- Potential Profit: A lucrative $30,000 awaits the foresighted developer
Exterior Features:
- A structure with integrity, awaiting your enhancements
- Expansive yard, a future oasis for relaxation or entertainment
- The promise of curb appeal transformation
Interior Ambience:
- Spacious interiors offering a blank slate for high-impact updates
- Flowing floor plan, ready for a contemporary reimagining
- Bright windows illuminating the path to renovation
Investment Highlights:
- A sound venture with clear-cut numbers for a straightforward flip
- The chance to craft a modern dwelling that echoes the pulse of regeneration
- A smart acquisition in a locality on the brink of renaissance
Dive into a project where your investment acumen could yield significant returns. This property is a straightforward proposition: invest, renovate, and reap the benefits. The math is simple; the potential, immense.
The property is offered ‘as-is’, providing a straightforward path to realizing gains. Act now to forge your next success story in real estate.
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