Incredible opportunity to get a very livable house with two additional lots for no extra charge! All three properties are individually parceled. Minor fixes to the house and you can begin renting or sell immediately. The two additional lots sit on each side of the house. One of the lots used to have a 4-plex on it but was torn down by the owner who was going to build a new one and then his situation changed. The opportunity is endless here…fix the house and sell each of the lots individually or develop them for massive cash flow or big capital gains! Property is directly across the street from the library on a very quiet well-maintained street.
309 N 6th St (1,400 sqft, 3/1 house)
307 N 6th St (5,488 sqft lot)
511 E Eason Ave (5,488 sqft lot)
Buckeye, AZ 85326
Wholesale Price: $298,000
ARV for all 3 properties combined: $490,000
Call/Text Andy 602-380-5981
Comps for the house:
1) 511 E Clinton Ave – sold for $305k in Nov with an FHA loan, ONLY 876 sqft & 2/2 (over 500 sqft SMALLER)
2) 411 E Edison Ave – Active for $310k. Only 6 DOM, ONLY 896 sqft!
3) 620 E Roosevelt St – sold for $350k in only 28 days and was dated and NOT remodeled
4) 806 E Clanton Ave – sold for $355k in only 24 days and was NOT updated
Comps for lots (all within 1/2 mile):
1) 808 E Clanton Ave – sold for $70k in just 5 DOM for cash!
2) 614 E Centre Ave – sold for $85k in Nov
3) 610 E South Ave – sold for $61,500
Historic downtown Buckeye properties and lots are super-HOT. Do your own research and see what an excellent opportunity this is with so many possibilities!
Christmas is almost here…don’t let this gift of a money tree pass you by!
Call/Text Andy 602-380-5981