Hanlontown IA | FULL GUT PREPAID FLIP OPPORTUNITY | ARV 596K ASK 450K | SEE DESCRIPTION

5 Beds / 3.5 Baths • 2,817 SqFt
Offer Submission Deadline
  • Single Family House
  • 5
  • 3.5
  • 1924
  • 2817
  • 128937
  • Attached Garage

Description

Valuation here: Valuation (563 390th Street - Hanlontown)


Best photos are in the Valuation Packet!


Address: 563 390th St Hanlontown, IA 50444


Cash Price: $450,000 + CC
ARV: $596,000 (appraised)

5 Bed | 2 Bath 3 Half Bath | 2817 SQF | 2.96 acre lot | 1924 Build
2 large outbuildings


This is the most interesting property I have ever listed! The property not only comes with an already approved insurance claim of $140,000 for repairs, due to damages sustained from a bathroom leak (This will be included in the contract). It also comes with a verified appraisal from Realtors Property Resource of $596,000 (including the 2 large outbuildings on the acreage. Therefore, you do not need to put anything down on the rehabilitation of this home but once work is completed can benefit from a massive amount of equity. 


TEXT OR CALL FOR A SHOWING TODAY

Property Sold As Is | EMD OF $5000


CALL ADAM TODAY: 312-532-5831

Estimated Spread

  • ARV $596,000
  • Price $450,000
  • Spread $146,000