Excellent Flip Opportunity
3 Bed / 1 Bath 903 Sqft built in 1926
Market rent is 1200
ARV is 165000
Based on these comps
1) 2009 Culbertson Avenue in New Albany, IN, 47150 is a renovated 1075 SqFt, 3 Bed / 1 Bath that sold for $178,000 on 2/22/2024 ($165.58 per SqFt)
2) 339 Jay Street in New Albany, IN, 47150 is a renovated 916 SqFt, 3 Bed / 1 Bath that sold for $145,000 on 7/11/2024 ($158.3 per SqFt)
3) 1804 Culbertson Avenue in New Albany, IN, 47150 is a renovated 1084 SqFt, 2 Bed / 2 Bath that sold for $163500 on 03/03/23 ($150.83 per SqFt)
All information is provided by the seller and not provided by Prosway. Prosway assumes no responsibility for the verification or accuracy of the listing details.
Roof Needs replaced - 20 years old
HVAC - Furnace is 3 years old but exterior unit works but should be updated
Flooring - Needs replaced, may have floor joist issue in the Living room evident from a slight tilt
Kitchen - needs full update
Bathroom - needs complete remodel
Windows - Need replaced
Foundation - Cement blocks and Crawl space, Front right corner needs attention
Water heater - replaced in 2020
Other conditions - Soft spots in the bathroom and part of the kitchen from water damage. Suggest minor subfloor replacement
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All information is provided by the seller and not provided by Prosway. Prosway assumes no responsibility for the verification or accuracy of the listing details.
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