Description
Tornado-Damaged 4-Unit Townhome Building - Great As-Is Sale Opportunity Discover an exceptional as-is sale opportunity with this tornado-damaged 4-unit townhome building located at 1921 Sanford. This property presents the chance to create value through restoration and renovation, offering a blank canvas for the savvy investor or developer. Property Details: • Address: 1921 Sanford • Type: 4-Unit Townhome Building • Exterior Work Completed: • Framing/Structural Repairs • Brick Repairs, Exterior Paint • All New Siding, Soffit, Fascia, and Door/Window Trim • New Windows • Interior Condition: Property has been "trashed out" and is ready for the finishing rehab phase. Investment Potential: The potential of this property is evident, especially considering the following: • A nearly identical fully rehabbed building across the street is valued at $510,000. • Current rents for similar units in the area are at $1,275 per unit. Opportunity for Value Creation: This property offers a unique opportunity to capitalize on the current market conditions, leverage the completed exterior work, and transform the interior into high-demand rental units or a profitable investment. As Is, No Disclosures
Location
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Listing Office: McLellan & Associates Real Estate Group
