Fast Flip on 4 Bed House with Granny Suite Potential
4 BR, 2 BA
Here's a 4 bedroom brick house on a corner lot, less than 20 minutes from both Kitchener and Cambridge. If you like lots of extra living space, finish the basement for a big recroom and build a separate granny suite on the property where the old garage is. Or, keep the in-laws at the main house in a beautiful basement suite and rebuild the old garage into a spiffy new one...maybe even a glorious man cave! Big ticket items like furnace, windows and roof all redone within last 5 years.How can you profit?1) Fast & Easy Flip - clean up the yard, do a lipstick reno inside, and profitably flip this house quickly.2) Move In Now - update slowly to your liking over time. Realtors - add your commission on top and get your clients a great discounted property!SUMMARY:- LOCATION: Bright, ON (20 minutes from Kitchener and Cambridge)- PURCHASE PRICE: $629,900 Or Best Offer- AFTER REPAIR VALUE: High $700s as a single family home...more if you add a second unit.- CLOSING: November 3, 2021 (This is an assignment sale.)- TYPE: Detached Brick House (2 Storey)- BEDS/BATHS: 4 Beds/2 Baths- PARKING: 3 Spaces - BASEMENT: Big & Unfinished with High Ceilings- GARAGE: Large Detached (Great footprint for building a secondary suite on existing foundation!)- SQFT: 1900 sq. ft.- LOT: 132'x 132'- AGE: 1987- WELL/SEPTICRENOVATIONS NEEDED:- Soffit & fascia work.- Some interior updates started but not completed (e.g. flooring)- Landscaping/yard cleanup.- Some junk and furniture removal.- Please view the pictures for ideas on what you'd like to renovate.GOOD NEWS:- Potential to add a second suite on the property.- Newer furnace, windows, and roof (all under 5 years old).- Liveable as-is! If you move in, just renovate slowly over time. PICTURES are here: https://www.housedealsgta.ca/property/wholesale-real-estate-bright-ontario/
1,900 sq. ft.
October 6 on Oodle