805 Howell Ave

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2BD/1BA Value-Add Opportunity – Solid Bones, Major Updates Already Done

This 2-bedroom, 1-bath home offers a great opportunity for investors seeking a light-to-moderate rehab project with strong upside potential. Much of the major work has already been completed within the last few years, leaving mostly cosmetic finishing and minor repairs.

Property Highlights:

Living Space: 868 sq. ft. on a manageable lot—ideal for low-cost renovations.

Major Systems: Roof, furnace, and water heater all replaced approximately 4 years ago.

Recent Upgrades: Owner invested roughly $22K in improvements over the past few years, including new sewer lines installed last year.

Condition: Carpet removed and ready for new flooring. Some door repairs and gutter cleaning needed.

Vacant: Previously rented; property just needs cleanup and finishing after squatter activity.

Investment Snapshot: Nearby renovated homes show strong returns:

• 23 Kinder St (3/1) – Renovated, sold for $87K

• 35 School St (3/2) – Sold as-is for $30K, resold renovated for $105K

• 25 Gloria St (3/1) – Sold as-is for $15K

• 500 Range Ln (3/1) Sold for $100K

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With most of the heavy lifting complete, this property is a smart pickup for investors looking for a straightforward rehab with strong resale or rental potential. Ideal for fix-and-flip, BRRRR, or rental portfolio expansion.

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Resources:

• Run the numbers with rehab costs using our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.

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