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šŸšļø Full Rehab Deal with Big Upside šŸš€ – 839 S Lincoln St, Martinsville, IN 46151 For Sale

  • $70,000
  • 2 beds
  • 1.5 baths
  • 920 sqft

Heavy value-add opportunity in theĀ Golden AdditionĀ neighborhood with strong flip potential backed by nearby renovated sales šŸ“ˆ

This 1930-built single-family home featuresĀ 2 bedrooms, 1.5 baths, andĀ 920 sq ft, along with aĀ 2-car detached garageĀ ā€” a strong bonus for resale and rental appeal.

Recent nearby properties have soldĀ as-is from $60Kā€“$100KĀ and up toĀ $200K+ after renovation, supporting the upside on this project šŸ”„

Property Condition:Ā Full renovation required.

šŸ”§ Mechanics:

  • Roof ā€” 20 years old šŸ 
  • Furnace ā€” 8 years old šŸ”„
  • A/C ā€” 2 years old (refurbished) ā„ļø
  • Water Heater ā€” 8 years old šŸšæ
  • Wood windows šŸŖŸ
  • Crawl space foundation

šŸš— 2-car detached garage
šŸŒ³ 7,492 sq ft lot

With strong ARV potential and comparable flips reaching the $200K range, this property is ideal for investors looking to take on a full rehab and maximize returns šŸ”‘šŸ’ø

Recent Neighborhood Comps-

601 Ohio StĀ ā€” 1 bed / 1 bath ā€” 0 DOM ā€” Sold for $60K (cash)
939 E York StĀ ā€” 2 bed / 1 bath ā€” 768 sq ft ā€” Sold for $80K (2 DOM); resold post-rehab for $205K (13 DOM)
539 E Garfield AveĀ ā€” 2 bed / 1 bath ā€” 864 sq ft ā€” Sold for $92.5K (1 DOM, cash)
909 S Colfax StĀ ā€” Sold for $100K (cash)

Please do not disturb the occupants.Ā Contact us for showing details.

All of our properties are sold “AS IS, WHERE IS” and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000Ā non-refundable earnest money upon acceptance to lock up the deal.Ā This house is being offered for all cash.Ā Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year.Ā All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.

Realtors, we love working with you, please add your fee on top of our price.
Price:
$70,000
Address:
839 S Lincoln St
Martinsville, Indiana 46151
Square Feet:
920
Lot Size:
7492
Bedrooms:
2
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Home
Year Built:
1930

Call 317.653.6245 for more details

Property Location