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Seattle Investors Club Wholesale: Seattle, Mt Baker Neighborhood

March 11, 2015 By Joe Bauer 1 Comment

Great Seattle (Mt Baker) fix and flip real estate opportunity!

This is a Seattle Investors Club deal brought to you by Carrie Powrie of Impact Home Investors, Inc.

Seattle real estateWholesale Real Estate Details:
Address:
3224 35th Ave S,
Seattle, WA 98144

Beds: 3
Baths: 3.25
Square Feet: 4200
Purchase Price: $622,250
Estimated Rehab: $134,038
Estimated ARV / Exit Price: $970,000

This Property Needs the Following Repairs:

  • New kitchen
  • Bathrooms
  • Flooring
  • Fence
  • Exterior entry
  • Deck
  • Reconfiguring second level

Additional rehab notes:
Property has already been evaluated by a recommended General Contractor. His rough estimate is $30,000 less than the rehab budget. Contingency allows for any unknown work needed to close out expired permit. The permit for the addition expired in 1992 due to non-sufficient funds for the check. We discussed the project with the City of Seattle Permit and Inspection Department. They advised that the addition needs to be inspected, comply with 1989 code, and the expired permit needs to be closed out.

Property Links
Click here for Redfin
Click here for comps
Click here for more pictures
Click here for Veristone Financial Terms Sheet
*For financing info on this property, please call (425) 250-6114 or email FlipFinder@veristonecapital.com

Additional Info:
Showing: Contact Carrie Powrie
Earnest Money Deposit Amount: $10k
Closing Date: 4/9/15

** Buyer to confirm their own research and numbers **

Please send your questions to:
Carrie Powrie
(425) 218-6159
carrie@impacthomeinvestors.com

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Filed Under: Deals Tagged With: mt baker real estate, real estate, seattle real estate, wholesale

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Comments

  1. S. Dan Campbell says

    March 12, 2015 at 6:29 pm

    If this property is still available, please let me know. My number is (425) 870-7388. Thank you.

    Reply

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