Property Description:
We are looking for a partner for this project. Or we can assign the whole thing to you.
We are in possession of an Assignable Contract that gives us the right to buy this property. We will be Assigning the contract to you that will allow you to buy the property.
Please do not send this out to anyone without our permission.
***Wholesalers Please do not re-market***
2610 S Park Street, Salt Lake City, UT
Charming Bungalow with a beautiful open yard, situated near shopping centers, golf course, and freeway entrances. Near Sugarhouse and Millcreek. A lot of updating has been done since 2006 including AC, replacing lath and plaster with drywall, insulation, and double pane windows. The exterior is in great condition. There is a 6ft tall basement that if you dig out to 8-9ft tall ceilings you can put more bedrooms or a mother in law apartment with separate entrance. The numbers below are based off that plan. This would make a great fix and flip or rental. The owners were getting it ready to AirBnB.
.16 acre
1938 sqft
Built in 1913
4 bed/ 2 bath after the basement finish. 2bed/1 bath now
Plenty of parking
***ARV - $380k***
Purchase price - $278,643
Terms - $26,990 Cash Down
Seller Finance balance at $1500/month
with final balloon payment at 3 years.
Repair costs - $55,000. Breakdown of repair costs available upon request.
I have a great floor plan design for interested parties.
For serious buyers, I can get you through the property.
There will be a one time showing. Call me to let me know that you want to be there.
***BUYERS MUST DO THERE OWN DUE DILIGENCE BEFORE MAKING OFFER***
For more information or to reserve this property contact Jana at 801-830-5883
A $1,000 non refundable earnest money DEPOSIT is required to reserve this property. This property is only available to buyers that can close quickly. First one with EM deposit gets the property.
SERIOUS INQUIRIES ONLY PLEASE!
Thank you for taking a look!