2 Bedroom, 1 Bath, Single-Family Ranch on .38 acres. Nice porch. Storage Shed, and Utility Room.
Single Family, REHAB FOR RICHES, Wholesale Opportunity For Sale
- $20,000
- 2 beds
- 1 baths
- 1180 sqft
- Price:
- $20,000
- Address:
- 4403 Ridge Road
Williamson, New York 14589 - Square Feet:
- 1180
- Lot Size:
- .38 acres
- Bedrooms:
- 2
- Bathrooms:
- 1
- Terms:
- For Sale
- Property Type:
- Home
- Year Built:
- 1929
- Basement:
- Foundation: crawl/raised
- Const. Type:
- Ranch
Additional Features
Purchased to REHAB and rent. Last remodel year was 1999... Too busy with rehabs closer to home (Elmira, NY). Planned rehab included floor repair, new kitchen, new bathroom, new roof, and removing and adding one wall to turn the dining room into a 3rd bedroom. [$6500 floor, $6000 Kitchen, $5000 Bathroom, $6500 Roof (not leaking), $6000 Contingency Buffer of 20% = $30,000] Opportunity Summary: Purchase Price $20,000 + Rehab $30,000 = $50,000. Conservative ARV $80-85,000 equals profit of $30,000+. ...Or Simply do floor repair and light cosmetic work for a quick, 2BR rental or sale. Nice Winter Project for Fast Profit in the Spring.