**Assignment Of Contract**
1559 Lee St E, Charleston, WV 25311
4bd 2ba 2200sqft
Asking: 135k (Or Best Offer)
ARV: 222-254k!
Zestimate: 145,400
Rehab: 30k (quoted by an appraiser, contractor, insurance adjuster, and the bank who all said that it didn't seem that bad)
POTENTIAL TO MAKE 70-100k OFF A FLIP!
TONS of room for profit in this property! And it’s Off-Market!
The Place Is Vacant so theres no hassle with tenants!
The Roof (shake/shingle), Foundation, and electric are all solid! Plumbing might need some small work due to previous tenant working on it.
Right Next to the historic district and walking distance from almost everything!
Has: New Electric! Gas/Forced Air Heating, A Big 0.92 acre (40,075sqft) Lot!, a Fireplace, and a Basement (unfinished)
Needs: A Bit of Updating, Paint for walls/ceilings Some flooring should be redone, needs a window ac unit, some windows need repair, one of the pillars in the front need repair, and there are building materials there that can be used
Info: The stairwell walls were stripped and ready to be painted as youll see in some photos, youll also see the ceiling was stripped aswell ready for painting, The photos where it looks like the ceiling is falling is just paint. An appraiser, insurance adjuster and the bank all said that it didnt seem that bad. Lots of cosmetic needs, but materials to finish them up are already there and usable (all of the work was done by the previous renter who is a contractor themself)
More Photos: https://drive.google.com/drive/folders/169n8ERP1YaVrOT_fNVcxVXaWHQyPOumq?usp=sharing
Comps:
307,000 104 Bradford St, Charleston, WV 25301
244,500 1569 Quarrier St, Charleston, WV 25311
212,000 409 Ruffner Ave, Charleston, WV 25301
207,425 1618 Quarrier St, Charleston, WV 25311
185,000 1582 Dixie St, Charleston, WV 25311
180,000 1549 Lee St E, Charleston, WV 25311
**Assignment Of Contract**
CASH BUYERS ONLY!!!!!