1 Bed | 1 Bath | 684 Sq Ft Built 1910 | Roof, HVAC, and Water Heater (2024) No HOA

Two Exit Strategies – Pick Your Play

Option 1: Minimal Fix – Foundation Only

• Purchase Price: $65,000
• Rehab: $20,000 (Basement/Foundation Only)
• Total All-In: $85,000
• ARV: $110,000
• Selling Costs (8%): $8,800
• Estimated Net Profit: ~$16,200
• Comps Supporting This Strategy:
• 5133 Dresden Ave – Sold for $110,000 on 3/14/24 | 720 Sq Ft | 1 Bed / 1 Bath | As-Is
• 4723 Goethe Ave – Sold for $117,710 on 6/1/23 | 792 Sq Ft | 1 Bed / 1 Bath | As-Is

Option 2: Full Flip – Foundation + Cosmetic

• Purchase Price: $65,000
• Rehab: $30,000 ($20K Foundation + $10K Cosmetic)
• Total All-In: $95,000
• ARV: $130,000
• Selling Costs (8%): $10,400
• Estimated Net Profit: ~$24,600
• Comps Supporting Full Flip:
• 5434 Christy Ave – Sold for $149,900 on 4/15/25 | 720 Sq Ft | 1 Bed / 1 Bath | Fully Renovated (Includes 2-car garage. Even without one, clean updates should support a $130,000 resale.)

Bonus: Rental Backup Plan

• Nearby 1-bed rented for $1,100/month
• 4040 Schiller Pl – Rented for $1,100/month | 1 Bed / 1 Bath | 605 Sq Ft
• Strong fallback option for long-term hold

Summary

• 2024 Roof, HVAC, and Water Heater already done
• Foundation repair needed
• Optional cosmetics to boost resale
• Strong margins for flip or rental

Buy at $65K – Profit $16K–$25K+ or Rent for $1,000/month

Let’s Make It Happen

Call: 480-771-3395 (Mon–Fri, 9AM–5PM)

Text: 602-669-5867 (24/7)

Email: lucas@primepartnerrealty.com