Pierre Street, Val Caron
Offer Date: FIRST COME FIRST SERVED
Closing Date: May 20th, 2026** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- FIX & FLIP: Complete a full cleaning of the property and a targeted renovation focused on the kitchen, bathrooms, finishes, and basement optimization to maximize appeal when relisting on the market.
- RENTAL: Utilize the separate entrance and finished basement to establish a dual-income setup, maximizing rental potential with minimal reconfiguration.
Details
- Detached Bungalow
- Beds: 2+1
- Baths: 1.5
- 781 sqft above ground & 679 sqft below grade
- Finished basement with a separate entrance as per seller.
- No Garage
- Built in 1956
Mechanical & Systems
- Electrical: Breaker panel with copper wiring (As per seller)
- Furnace: Owned, installed in 2016
- A/C: Owned, installed in 2016
- HWT: Owned, installed in 2016
- Appliances included: Fridge, Stove, Washer, & Dryer in as is condition
Roof & Exterior
- Roof: Replaced in 2020
- Soffit & Fascia: Replaced in 2020
- Windows: Age unknown, likely original
- Foundation: No cracks or leaks in the foundation
Lot & Location
- 51 ft x 158 ft lot
- Property taxes are approximately $2,552
- R1-5 Zoning
- The property is on city water and sewage
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip opportunity.
- Wholesale Price: $309,999 or Best Offer
- We believe that this property is worth $375,000 as-is on the MLS
- We believe that after the recommended renovations are completed, this property should be worth at least $460,000 on the market!
- Purchase today for $150K SPREAD TO ARV!
Comparable Analysis |
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| 3203 Romeo Street sold for $404,444 in January 2026 after only 8 days on the market, demonstrating strong demand for bungalow product in this price range. This property offers a similar 2+1 bedroom layout, finished basement, and no garage; however, it benefits from an additional full bathroom. While this comp sits on a wider 60 x 100 ft lot, the subject property offers a significantly deeper 51 x 158 ft lot. Condition-wise, the comp is dated but well maintained, and is in a comparable condition to the subject property. After making the appropriate adjustments, we believe the subject property should sell for at least $375,000 on the market in As-is condition! |
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