Fantastic Baytown rental opportunity

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213 Gresham Baytown, TX 77520

Sold
Property Details

213 Gresham Baytown, TX 77520

Sold
Description

Fantastic Baytown rental opportunity

House Sold - Baytown TX

213 Gresham, Baytown, TX, 77520

Great rental opportunity in Baytown. Home was remodeled in 2012 . Updates include granite countertops, cabinets, appliances, fixtures and refinishing existing wood floors.  The budget of $14,250 incudes converting a covered patio into a full or half bath. Currently a 3 bedroom 1 bath.

Value was already checked by the appraiser!

Must move quickly, this property will not last long!    

$2,500 non-refundable earnest money check made to Saxum Real Estate Solutions required to secure property. First one to deliver check gets the deal. Buyers to pay all closing costs.

Please conduct your own due diligence.

Cash or hard money with Catalyst Funding only.

Price: $76,000

Address: 213 Gresham, Baytown, TX 77520

ARV: $108,000

Estimated Repairs: $14,250

Floor Area: 1,246 sq. ft.

Lot Size: 12,000 sq. ft.

More details: 3 bed/1 bath

Cash on Cash: 25%

Return on Equity: 45%

Estimated Rents: $1,100

Estimated Cash Flow: $350-$400

Estimated Repairs List:

Interior paint – recently painted and good condition – 1800

Exterior siding repairs, powerwash, and paint – 2750

Enclose covered area and add bathroom – 4750

Window servicing – 350

HVAC service – 500

Bathroom remodel – existing bathroom – 1750

Some fixtures – 750

Minor electrical and plumbing repairs/updates- 600

Door hardware – 250

Landscaping – 500

Demo – 250

TOTAL: $14,250

 

Property Features
  • House
  • 3 bed
  • 1 bath
  • Built 1942
  • 2 Parking Spaces
  • Land is 12000 sqft
  • Floor Area is 1246 sqft
  • 2 Garage