Murray Hill Flip on Triple Lot

Murray Hill Flip on Triple Lot

3 bed 1 bath 1433 sq ft Built in 1947 Single Family
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65
Quality of Comparables
Low High
12 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
12/20
School Rating
F A
8/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

This charming 3-bedroom, 1-bathroom, wood-frame home with a detached carport is located in the sought-after Murray Hill neighborhood and is priced near its assessed value of $216,000. The standout feature of this property is its expansive 14,000-square-foot lot on a quiet dead-end street, offering the potential for new construction or long-term land value appreciation. 

As a fix-and-flip project, the home requires a complete interior and exterior renovation, but with some effort, it could reach an after-repair value of $335,000. Being a triple lot, there's also great potential for new construction. There are endless opportunities to adapt to this current market shift. Don’t miss out on this lucrative opportunity — contact your EquityPro Advisor for more details.

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We recommend flip
Rental Income
$1,600 mo. / $19,200 yr.
Estimated Taxes
$3,784 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$11,896
Projected Income
5.62%
Estimated APY
$56,525
Projected Income
20.30%
Estimated ROI

Comps

 
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