Check out this 2/1 located in Elwood on three parceled lots! Each lot is 0.12 acre for a total of 0.36 acre. I sold 1821 S M Street last year for 90k AS IS on a smaller lot but a 3/1.5 with 1666sf. It was flipped and turned into a 3/2 and sold for 219k!!!!!!!!!!!!!!!!!!!!!! There was a lot of similar size to the extra lots that come with this one, that just sold for $14800. There may be added value to sell off the extra parcels here?
Roof – unknown age
Furnace – 3 years
AC – unknown age
Water Heater – 3 years
Windows – vinyl
Basement foundation
This would be a great buy and hold with equity option or a flip!
Recent 1/4 mile sales include:
LOT ONLY 2316 S J St – SOLD $14800 (0.14 acre)
2004 S R St – SOLD $89k AS IS (2/1, 1072 sf, no garage, 0.61 acre, 4 DOM)
1609 S M St – SOLD $170k (2/2.5, 1134 sf, 2-car detached, no basement, 0.15 acre, 18 DOM)
1821 S M St – SOLD $219k (3/2, 1666 sf, 0.31 acre, no basement, 45 DOM)
Do NOT disturb occupants. Please reply for showing information.
DO NOT Disturb occupants. 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 $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. 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. 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 630.303.3444.
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