🌊Edgewater Value-Add Opportunity – Huge Upside for Investors With Strong Comps!📈

About this property

Investor Special in Edgewater - High-Upside Value-Add Deal! ARV $285,000+ Asking Price: $120,000 Deep discount opportunity in Edgewater with multiple value-add strategies and a massive spread. Whether you're looking for a full renovation or exploring new construction, this property offers serious upside. Property Highlights: 2 bed / 1.5 bath → Potential to Convert to a Full 3 Bed / 2 Bath! 1,360 sqft 1-car garage Repairs Needed: Full rehab New roof New HVAC Major Value-Add Opportunity: Reconfiguring the current layout into a full 3 bed / 2 bath unlocks the property's full ARV potential and significantly increases buyer demand. Investors also have the option to tear down and build new, creating another profitable exit strategy. Comps Supporting Value: 115 Orange Ave - SOLD 310k (ARV comp) 112 New Hampshire St - SOLD 307k (ARV comp) 131 Orange Ave - SOLD 285k (smaller ARV comp) 1605 Bradford Rd - SOLD 285k (smaller ARV comp) 112 E Turgot Ave - SOLD 219k (as-is comp, smaller home, located next door) Additional Notes: Interior photos are not available at this time. Access: By appointment only.

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