Goldmine

Details: Address: 645 W 39th Ave Gary, IN *2 Beds * 1 baths * 848 Sq ft (with water Sealed Basement) Area: Lake County/East Gary Multi Family: Home Corner Lot: N *ARV: $151,000 (Comes with Pre appraisal paperwork) *Taxes: $654.00/Annually The parcel includes the entire corner Lot Description: This Property is a !!!Goldmine!!! This was a fire damage but has been completely restored everything is all new and its already been gutted and reframed even the foundation has been repaired. To many amenities to name! this property is ready to finish and LIST in 30 days! Profit Breakdown: *Purchase Price: $70,000* Estimated Repairs: $25,440 (based on 70% of total repair @ $25sqft-$30sqft) 2019 Taxes: $900.00 *Total Investment: $95,440.00 Neighborhood ARV: $125,000-$199,000 Realtor Fee: $9,600 (6% of sell price) Potential Profit: ($55,560 / 36% Profit Potential) *Total Investment: $95,440.00 Neighborhood ARV: $125,000-$199,000 Realtor Fee: $9,600 (6% of sell price)