224 5th St, Grandin, ND 58038 listing details

Discounted, Large Home in Grandin, ND (25 min N of Fargo, right off Interstate 29): * Move in Ready, $25/sq ft, $40,000+ potential profit for Fix&Flip. *Partially remodeled home close to Fargo. Buy well below current market value for immediate equity. (Move in, Rent out or Fix & Flip for large profit. Many options w/ this 3bd/2ba home). Address: 224 5th st, Grandin, ND. Located 25min N of Fargo! -Specs: 3bed/2bath, $1,400sq ft, 2 story, built 1955, remodeled bedrooms and bathrooms throughout, open kitchen/dining area, beautiful hardwood flooring in kitchen & dining area, bre...akfast nook, back deck w/ sliding door, large yard, concrete poured foundation, Large lot 70x140, Single stall garage w/ shop area. Most all windows, doors & roof remodeled w/ in last 8 years. Forced air (new furnace & water heater), propane tank. -Includes all appliances: stove, fridge, washer/dryer, dishwasher, propane tank -Updates (home is move in ready & doesn't require immediate repairs, but here are the repairs if you plan to flip it for quick profit): Exterior Repairs: various siding & trim repairs & paint, garage siding needs redone. Home may eventually need leveling. Interior Repairs: minor cosmetic updates including plaster cracking on walls in stairwell, outdated kitchen, some older floor & carpet. -Cost: $36,000 Cash Only. Estimated repairs: $15,000. ARV 85,000-95,000. Expected Profit Margin After Updates: $40,000+. Comps: Recently Sold Homes: 429 Clement Ave, Grandin ND. 4bd/2ba, built 1923, 1,764sqft. Sold 11/13 $76,500 ($43/sqft) 130 5th St, Grandin ND, 3bd/2ba, built 1978, 1,232 sqft, Sold 6/12, $149,900 ($121/sqft) 132 5th St, Grandin ND, 4bd/2ba, built 1970, 2,800 sqft, Sold 7/14, $185,900 ($66/sqft) 15834 21st SE, Arthur, ND, 3bd/1ba, built 1952, 2,100 sqft, Sold 8/12 $150,000 ($71/sqft) Homes currently for sale in area: 125 4th St, Grandin ND, 2bd/2ba, built 1966, 1,166 sqft, For Sale: $155,000 ($133/sqft) 1705 165th Ave SE, Gardner ND, 3bd/1ba, built 1955, 1,100 sqft, For Sale: $159,900 ($145/sqft) Avg price/sq ft for homes sold recently in Grandin built in 1940-1970 is $65. Newer & remodeled homes avg $90-$105+ range. Estimated ARV (after repair value) for quick resale: $85,000-$95,000+. Easily allowing for $40,000+ in quick profit. Please contact me with further questions/showings. Home not available to tour until 2/9/15. First w/ Cash gets the home. Zach 701.595.0074, [email protected] Show more