Wholesale Deal in Fort Plain, NY! Available

  • $35,000
  • 3 beds
  • 1 baths
  • 1,444 sqft

Exciting Investment Opportunity: Fix and Flip or Rental Property!

This property presents a fantastic chance for savvy investors looking to maximize their profits through a fix and flip project or generate long-term wealth through rental income. Available at a deep discount, this property offers ample room for financial gains.

Key Features:

  1. Location: The property is situated in a desirable area with convenient access to essential amenities, transportation links, schools, and recreational facilities. Its prime location enhances its potential for attracting tenants or appealing to potential buyers after renovation.
  2. Size and Layout: The property boasts a spacious layout with [insert number] bedrooms and [insert number] bathrooms, offering versatility for various investment strategies. The generous square footage provides scope for reconfiguring the space to maximize its potential value.
  3. Renovation Potential: The property requires significant repairs and updates, making it an ideal opportunity for those experienced in fix and flip projects. With the property available at a deep discount, you can leverage your skills and creativity to revitalize it and unlock its full potential.
  4. Profitability: Purchasing this property at a discounted price provides a substantial margin for profit. By investing in quality renovations, modernization, and aesthetic enhancements, you can significantly increase its market value. This allows you to maximize your returns when selling it or consider renting it out for ongoing cash flow.
  5. Rental Income Potential: If you opt for the rental strategy, this property offers excellent potential for generating consistent income. The desirable location, along with the renovations you undertake, can attract reliable tenants who will appreciate the updated features and comfortable living spaces. Conducting a thorough rental market analysis will help determine the optimal rental rate, ensuring a steady stream of income.
  6. Market Conditions: It’s essential to consider current market conditions, including trends in the local real estate market, property values, and rental demand. Conducting due diligence and consulting with local real estate professionals will help you make an informed investment decision.
  7. Return on Investment: Whether you choose to fix and flip or rent out the property, a diligent cost analysis and financial projection will provide insights into potential returns. Consider factors such as acquisition costs, renovation expenses, holding costs, estimated resale value, or projected rental income to assess the viability of this investment opportunity.

Don’t miss out on this exciting chance to bring this property back to life and reap the rewards. Act now to secure your future profits and wealth generation potential!

 

We will be hosting a group showing soon. If you would like access, please call or text 978-5138051.
Price:
$35,000
Address:
40 Hancock St
Fort Plain, NY 13339
Square Feet:
1,444
Lot Size:
5,000
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1900

Additional Features

Addition added with a kitchen

Call (978) 513-8051 for more details

Property Location