CONTRACT ASSIGNMENT · 3 PARCELS FOR THE PRICE OF ONE · SFR FIX & FLIP WARREN OH Burton St SE, Warren, OH 44484

PURCHASE PRICE:
$69,700 for Contract Interest
Net to Seller

ARV 155K + Depending on Scope of Work

• PROPERTY TYPE: Three Parcel SFR

• ROOMS: 2 BD / 1 BA · Expandable to 4

• SQFT: 1,472 · Full Basement · Full Height Attic Level

• LOT: 14,877 across 3 parcels · 0.34 Acres

• YEAR BUILT: 1946

• PARCEL: Trumbull County 25-343801 · 38-683800 · 38-683700

• TERMS: Cash or Hard Money · 5K non-refundable EMD · 10 Day COE

• CALL FOR ACCESS: Vacant, lockbox on site

DETAILS:

Three parcel package. You get the house on 25-343801 plus two adjacent lots that combine into one buildable lot. The seller kept them as separate parcels on purpose so the second home build option stays open. The house has been professionally gutted to the studs, so demo is already done and paid for and every wall cavity, joist, and wire run is open for you to inspect before you buy. Remaining scope is insulation, drywall, kitchen, and bath. Goodman furnace, water heater, and electrical panel already in place. City water and city sewer. Full dry basement with room to add a bedroom. Attic level has full standing height and window openings sized for a second bedroom, which takes this from a 2 bed to a 4 bed on the same footprint and matches the top comp on this list. Interior chimney was removed to open up the kitchen, so the furnace needs a new vent run. Established street, strong school district, new construction going in nearby. Note on history: the house parcel alone was previously listed at 59K and did not sell. That listing did not include either adjacent lot. Two exits in one purchase: renovate and sell or hold the house, then build, place a modular, or sell the extra lot separately to recover part of your basis. Buyer to perform own due diligence.

CONTRACT ASSIGNMENT NOTICE: Pulse Capital REI holds an equitable interest in this property under a purchase agreement with the record owner. We are marketing our contract interest for assignment. Pulse Capital REI is not a licensed Ohio real estate broker or salesperson, does not represent the seller, and is not acting as an agent for any party. Assignee acquires the right to purchase under the terms of the existing agreement.

Disclaimer: Buyer to verify all information including square footage, lot size, parcel boundaries, room count, zoning, buildability and setbacks on the adjacent lots, permitting, utility connections and tap fees, mechanical systems, and property condition prior to closing.

CALL or TEXT FOR MORE INFO

(623) 283 2623

COMPARABLE SALES:

• 1153 Meadowbrook Ave SE · Sold 165,000 (4/1 · 1,248 sqft · 1955)

• 1350 Eastland Ave SE · Sold 151,900 (3/2 · 1,604 sqft · 1956)

• 1087 Perkinswood Blvd SE · Sold 150,000 (3/2 · 1,488 sqft · 1943)
  

(623) 283-2623
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