You've been asking us for months. Where do you find the homes you rehabilitate? Is investing in a historic home a good investment? Well here's your answer in one video. This Victorian diamond in the rough is ready to become your dream home or a great investment. So how do the numbers break down?
This 2900 square foot home is listed at $29/foot. While there is electric, hvac and plumbing in the home, they will all require improvements. There is minor structural repairs needed and a new roof. Beyond that, most of your work is cosmetic. That means you can do much of it. We estimate repairs needed at $150,000 or less. That puts you under $80/foot. Houses in this area are going for $110/foot or more. That means you would immediately have $89,000 in equity or profit. This is not a fixer upper. It's an opportunity!
Want to join the fun and save a beautiful, Victorian piece of history in the historic city of Natchez, Mississippi? Here's you opportunity.
Zillow Listing: www.zillow.com/homedetails/60...
Listed by: Madelyn Strozier
Harrington Realty 601-597-2365
www.ourrestorationnation.com/
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