24 Knapp St

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Here's an investor-focused description that highlights the upside while staying accurate to the information Craig provided:

🏡 24 Knapp St, Somerset, MA 02726

💰 Value-Add Opportunity with Strong Equity Potential

List Price: $540,000

This spacious single-family home presents an outstanding opportunity for investors or buyers looking to create instant equity through strategic renovations. Located in desirable Somerset, this property offers solid fundamentals with a clear value-add plan already outlined.

📍 Investment Highlights

• Single-family home
• Located in Somerset, MA
• Excellent opportunity for a flip or custom renovation
• Strong upside in a desirable market

🔨 Value-Add Opportunity
The property primarily needs updates in three key areas:

• Add a primary (master) bathroom to the third bedroom
• Renovate the existing full bathroom
• Modernize the kitchen

💵 The seller has obtained renovation estimates of approximately $60,000, with a projected after-repair value (ARV) of around $680,000, creating an attractive opportunity for investors to build equity through targeted improvements.

📈 Why Investors Will Like This Deal
⭐ Clear renovation scope
⭐ Strong projected equity potential
⭐ Located in a desirable Massachusetts market
⭐ Ideal for fix-and-flip or long-term hold
⭐ Opportunity to customize finishes and maximize resale value

This property is perfect for investors looking for a straightforward renovation project with substantial upside. Bring your vision and unlock the property's full potential!
 

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Resources:

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