"Unlock the potential of this promising single-family home in Ilion, NY, ideally located just an hour from both Albany and Syracuse, and moments from Utica.
This property offers a unique opportunity for a profitable renovation with an attractively low entry price and a high after-repair value.
Property Features:
Garage: Large 2-car detached garage with a second floor – perfect for a workshop or additional storage.
Pool: Includes an above-ground pool, adding significant appeal for future buyers or renters.
Structure: Solid foundational elements, requiring cosmetic updates to unlock its full market potential.
Investment Opportunity:
Purchase Price: Available for under $70,000.
After Repair Value (ARV): Over $220,000, providing substantial profit margins.
Strategy: Ideal for the BRRRR method or a straightforward flip.
Location Benefits:
Convenient access to Albany, Syracuse, and Utica makes this home desirable for commuters and families looking for a quiet neighborhood near city amenities.
Sale Terms:
Offered AS IS, as an assignment of contract.
10% down payment due at signing with the assignment contract.
CASH ONLY sale to ensure a quick transaction.
This property is a golden opportunity for investors looking to quickly enhance their portfolio with a high-return investment.
Perfect for those ready to apply a bit of creativity and elbow grease to transform this house into a desirable home.
Contact us today to learn more and explore this exceptional investment opportunity!"
This description is crafted to attract investors by emphasizing the property's potential high return on investment, minimal purchase cost, and appealing features like the large garage and pool, all while clearly outlining the terms of the sale.