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Property Highlights

• Size: 611 sqft single-family home with 1 bed, 1 bath + loft bonus area.

• Structure: Frame construction with unfinished basement — potential rec room space!

• Utilities: Municipal water and sewer, electric and natural gas.

• Yard: Open yard with no fence.

• HOA Fees: None.

Condition Light rehab needed to maximize value and rentability. Recommended updates include:

• New roof.

• Fresh flooring and paint throughout.

• Drywall repairs and fixture replacements.

• Skim coat/stain foundation and finish rec room area in basement for extra usable space.

• Vacant and on lockbox — easy access for walkthroughs!

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Key Systems

• Roof: ~30 years old (estimated).

• HVAC: ~10 years old (estimated).

• Electrical: ~20 years old (estimated).

• Plumbing: ~10 years old (estimated). Mechanicals are reported to be in good working order.

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Investment Highlights

• Wholesale Price: $95,000 (Buy Now: $99,500)

• ARV: $155,000

• Rehab Estimate: $17,500

• Upside Potential: ~$42,500+ profit margin after light rehab!

• Market Rent: ~$1,600/month

• Exit Options: Flip, Rental, or BRRR strategy — each works!

• With low rehab costs and strong rent comps, this Dogtown gem makes an excellent low-maintenance investment.

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Comparable Sales (Comps)

• 1032 Tamm Ave – $204,000

• 1029 Tamm Ave – $190,000

• 6449 Plateau – $185,000

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All 1/1s with similar square footage. Subject property offers additional loft area and basement rec space potential for added value.

Additional Details

• Occupancy: Vacant and ready to close by November 7, 2025.

• Utilities: Currently off.

• Access: Coordinate with owner for showing (lockbox available).

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