Courtesy of: Nacole Ricks, Exp Realty Llc, nacole.ricks@exprealty.com
Courtesy of: Nacole Ricks, Exp Realty Llc, nacole.ricks@exprealty.com
$198,250
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4 bed
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3.00 Bath (2 Full , 1 Half)
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Lot: 0.17 Acres
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Single Family Residence
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$198,250
1913 Fordham Avenue FORECLOSURE — Investor Special — Must See! 4 Bed / 2.5 Bath + Office in Prime North McAllen — Needs 60K in Rehab, Priced to Sell at Loan Balance!! A rare investor opportunity priced at note balance ($198, 250). This 4-bedroom, 2.5-bath home features an open-concept living areas. This is a prime a fix and flip or rehab-and-rent strategy. It is being conveyed AS-IS, in its pre-move-out condition. It’s not currently rentable, but a verified contractor estimate shows a complete rehab can be accomplished with approx. $60, 000 all-in — including kitchen, baths, flooring, paint, finishes & necessary updates. After rehab, comparable recent sales support an After-Repair Value (ARV) of $335, 000 – $370, 000. Seasoned flipper or long-term investor seeking a strong cash-flow rental, this home delivers serious upside. This is a foreclosure sold strictly at note balance, it won’t last long. Don’t miss out — this is a must-see, must-act fast deal for any investor looking to maximize ROI in North McAllen.
Courtesy of: Nacole Ricks, Exp Realty Llc, nacole.ricks@exprealty.com
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