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Single Family Residence
1957 Build2 bedroom, 1 bathroom (option to convert to a 3/2)875 sq ft, 6408 sqft lot – Carport was enclosed but not on tax records adding 324 sqft
Condition: Property has a brand new roof and new plumbing installed a year ago per seller. New cabinets installed. Opportunity to do an addition or finish the house to convert to a 3/2 or add 1 or 2 ADU’s.
-Lowest price house available in the area is $499k
Comps: -825 W 12TH ST – 1950 build 4/2 with addition (1920 Sq Ft) Sold $605k-527 W 19TH ST, Tempe – 1957 Build, 4/2 with addition ( 1628 sq ft) Sold $580k-543 W 17TH ST, Tempe – 1956 build, 4/3 With Addition (1551 sq ft) Sold $550k-510 W 14TH ST, – 1954 Build 4/2 with addition(1348 sq ft) Sold $545k-404 W 11TH ST – 1935 build 2/1 + Studio – needs full Reno – Investor Bought $480k-621 W HOWE ST – 1950 build, 2/1 (720 sq ft) sold $410k
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Disclaimer:
House is being sold as-is, and the buyer is to pay all closing costs. 5,000 EMD. Non-Refundable earnest money to be deposited within the same business day contract is executed or the contract will be canceled. Buyer must close with cash or a hard money loan.
The buyer is not relying on any representations, whether written or oral, regarding the properties above. Price based on a cash or hard money offer and is net to seller. Buyers to do their own independent due diligence.
Buyer must do your own due diligence, evaluation and inspection prior to making an offer. Determining value is the buyer’s responsibility. Seller strongly recommends buyers employ an Investment Realtor to help determine value. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer’s responsibility and they should be diligent in determining market value.
REALTORS:
If you are currently working with a client, and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission.
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