We currently own this property which we are now selling.
Property is currently a 4 Bedroom, 1 Bath Cape with a full unfinished basement with high ceilings. There is a newer oil burner (Steam heat) (less than 10 years old). Property had the roof replaced within the last 5 years. The entire first floor has hardwood floors and there is a wood burning fireplace.
While this house is structurally sound it does needs a significant rehab including new kitchen and new bath(s), windows and some doors, interior finishes, paint, etc.
Basement, kitchen and bathroom are already demo’d.
ARV value is 495K – 520K once renovated as a 4/1.
The real value is to add a second floor rear dormer with two bedrooms
ARV with the addition of an upstairs bath and a finished basement reach into the mid 500’s to high 500’s
With purchase I will provide completed architectural drawings suitable for submission to building department for permits for a 1700 SF, 4 Bedroom, 2 1/2 Bath, with finished basement with separate entrance. I will also provide a recent property survey.
See these two recent sales that are not even fully renovated:
48 West Euclid, Valley Stream (590K Sold – August 2017)
52 Sunset Road, Valley Stream (535K Sold – August 2017)
Property sits on a larger lot (71′ x 95′)
Cash Price = $340K or Highest Offer
This property will be delivered VACANT the first week June.
To submit an offer email email@example.com or I can be reached at 516-286-1477