4 Bedroom Wholesale Fixer Upper For $94,900

Aaron Moore

Frequent Forum Member
REIN Member
Who's looking for a fixer upper in Northwestern Ontario?

Here's a cheap fixer upper that you can get your hands on for under the MPAC tax assessment value! It's vacant and ready for your tender love and care.

How can you profit?
1) Fix & Flip: Buy for $94,900, reno and sell in the mid $200s.
2) At this price you can rent it out and do well!

SUMMARY:
- LOCATION: Thunder Bay, ON
- PURCHASE PRICE: $94,900 Or Best Offer ($15k under the MPAC assessed value!)
- AFTER REPAIR VALUE: Mid $200s
- CLOSING: December 16, 2021 (This is an assignment sale.)
- TYPE: 2 Storey Detached
- BEDS/BATHS: 4 Beds/2 Baths
- PARKING: 2 spaces
- BASEMENT: Crawl Space
- SQFT: 1788 sq. ft.
- LOT: 25' x 125'
- AGE: 1915
- PROPERTY TAX: Approx $1750/year

RENOVATIONS NEEDED:
- Needs new kitchen, baths, flooring, drywall in some places.
- Has 2 natural gas fireplaces (no furnace).
- Some junk and furniture removal.
- Please view the videos for ideas on what you'd like to renovate.

GOOD NEWS:
- Cheap! Cheap! Buy for less than the MPAC tax assessment value.
- Roof and windows done in last 10 years.
- 2 sheds in backyard.

PICTURES are here: https://www.housedealsgta.ca/property/wholesale-real-estate-thunder-bay/
 
Top