1934 NW Grant Ave, Corvallis, OR 97330

**email palmervilagi at hotmail dot com 1932 & 1934 NW Grant Ave UPDATE: -New price $377,000 OBO -updated pics link below -Walk through: Tue 9/2 4:00-5:00 & earlier by appt. 1932 is vacant. tenants for 1934 will be out by 8/30(boxes packed) - Closing: 9/15 - Flip both houses & make $220,000 profit OR Pull out $107,822 with a cash out refi & cash flow $1735/month! (updated proforma links below) County has it under 1934 Grant Ave- 2 houses on one legal lot of .30 acres. from emails with the city there is a separate legal lot (.06 acres) next to 1934 house so the 2 houses are on one legal lot of .24 acres. Emails: (https://drive.google.com/drive/folders/12hqsjk0gUTb4vLZiS2IlqcAOcYWHN6Sv Close to OSU so the best use is likely rentals, maxing the number of bedrooms you can get at $650-$700/bedroom. Or divide into 2 lots & flip one or both. Lastly, you could tear down & put in a new 4 plex etc. RS-9 medium-density zoning-up to 4 units. There is room on the .06 acre lot for on the west side yard of 1934 for an ADU & an ADU doesn't count towards total unit count. Or it’s possible you could build a house on that lot. PACKAGE PRICE: $377,000 OBO •1934 NW Grant Ave Listed on county records as a 3/2, 1136 ft on .12 acres of the .30 acres. Set up as an un-permitted duplex with each unit as a 1/1 with 9 ft ceilings & some hardwood floors. There is an unfinished attic that runs the full length of the house that could be finished into 3 more bedrooms & approx 500 sq ft to make it a 1636 ft house. Option to convert downstairs back into one house by taking out the divider wall to get 3 bedrooms downstairs instead of 2 which would give 6 bedrooms! At $650/room that’s $3900/mo in rents. ARV $415,000 REPAIRS($75,000) Exterior paint Siding Windows Roof Gutters Facia Drywall Bathrooms Kitchen Interior paint Demo Misc Plumbing/Electrical Misc Foundation Flooring PICS https://drive.google.com/drive/folders/11sfwQO86uAl_YPjUGaU-6L7FvauDAETh COMPS https://docs.google.com/file/d/1u6PZVUgWTWGQK556XUUwyhrWd2BwI3uj/edit?usp=docslist_api&filetype=msexcel RENTAL PROFORMA (BRRRR w/ cash out refi) https://app.dealcheck.io/?utm_source=FLIP+HOMES&utm_campaign=27fe1a4e36-EMAIL_CAMPAIGN_2020_07_08_11_40_COPY_08&utm_medium=email&utm_term=0_74a71b6ea6-27fe1a4e36-402857902#!/shared/-MBkg1vD14O8f0LppB1M FLIP PROFORMA https://app.dealcheck.io/?utm_source=FLIP+HOMES&utm_campaign=27fe1a4e36-EMAIL_CAMPAIGN_2020_07_08_11_40_COPY_08&utm_medium=email&utm_term=0_74a71b6ea6-27fe1a4e36-402857902#!/shared/-MBkgkI0U18-dzWw8fpT •1932 NW Grant Ave 4 bed 1 bath, 1292 ft w finished attic & big back yard, on .12 acres of the total .30 acres. At $650/room that’s $2600/mo in gross rents. ARV $375,000 REPAIRS($60,000) Exterior paint Siding Windows Roof Gutters Facia Drywall Bathrooms Kitchen Interior paint Demo Misc Plumbing/Electrical Misc Foundation Flooring PICS https://drive.google.com/drive/folders/11zxG7x8EdnD8dkEC8KcejBxGwk2NFf2q COMPS https://docs.google.com/file/d/1pvomVY7_9HqtpqSY9wNFIBuGyp4hTJzs/edit?usp=docslist_api&filetype=msexcel RENTAL PROFORMA (BRRRR w/ cash out refi) https://app.dealcheck.io/?utm_source=FLIP+HOMES&utm_campaign=27fe1a4e36-EMAIL_CAMPAIGN_2020_07_08_11_40_COPY_08&utm_medium=email&utm_term=0_74a71b6ea6-27fe1a4e36-402857902#!/shared/-MBkB8drWQASPaQUtAGj FLIP PROFORMA https://app.dealcheck.io/?utm_source=FLIP+HOMES&utm_campaign=27fe1a4e36-EMAIL_CAMPAIGN_2020_07_08_11_40_COPY_08&utm_medium=email&utm_term=0_74a71b6ea6-27fe1a4e36-402857902#!/shared/-MBkI59K83Bgu1wn4FJN *available to Cash Buyers who can close quickly. Buyer pays both sides of closing costs. Offers to be made "as-is" without contingencies. Buyer to make $5k non-refundable EMD in 24 hours after contract is assigned. We do not represent the seller & are selling/assigning our rights to the purchase contract.