ASKING PRICE

$49,000

405 S Lincoln St, Midland TX 79701

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405 S Lincoln St, Midland TX 79701

Asking Price: $49,000

Property Description

FULLY GUTTED!

2 bed 1 bath! 672 sq ft! Enough room for an addition to add square footage!

New builds all over neighborhood! Would be a great rental, owner finance, etc.

Call/text for access!

The Numbers
Estimated After-Repair-Value (ARV) $130,000
Asking Price ($49,000)
Estimated Repairs ($40,000)
Gross Profit Potential $40,000
Rent Estimate $1,100
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Property Photos

Facts and Features
Type Single Family Residence Garage NA
Year Built 1950 Roof Type Composition
Home Square Feet 672 Foundation Type Pier and Beam
Lot Size 0.161 Acres; 7,000 sq ft Exterior Material Siding
Bedrooms 2 Number of Levels 1
Bathrooms 1
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Comparable Homes – Sold Square Feet Sold Price Close Date
705 S Marshall St 1,203 $175,000 7/6/19
303 S Lincoln Ave 943 $154,000 Under Contract
800 S Madison 852 $140,000 Under contract
407 S Jackson St 1,159 $125,000 6/12/20
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FOR MORE INFORMATION CALL

Megan Bridges @ 432-348-4604

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The mission of Investidom is to provide an outstanding level of service and expertise in the real estate investment market that is innovative, ambitious, and built with integrity. We are dedicated to the highest standards, systems and performance necessary to fulfill all of your real estate investment goals.

Our Core Values

DISCLAIMER: House is being sold as-is, and buyer is to pay all closing costs. No representations written or oral are made concerning the property above. Price based on a cash or hard money offer and is net to seller, 7-10 day close of escrow is required. Buyers to do their own independent due diligence and take any necessary precautions to verify any and all material facts. Investidom and its members/representatives make no guarantees concerning property condition, value, characteristics or financial benefits. Investidom may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties (without any warranty or representation other than it is the buyer under the subject contract). Opinion of value is given as courtesy. Our opinion is just an opinion and seller makes no guarantees or warranties, express or implied, as to the value or condition of the home.