This is a unique investment opportunity for the right buyer! These two 2-bedroom, 1-bath homes are situated on a single parcel, offering significant potential for those looking to flip, rent, or develop. Both homes require significant renovations, but they offer great upside for investors ready to take on the project. 5611 Ewing Ave: This home is ready for a full rehab, providing a blank canvas for creative transformation. 5613 Ewing Ave: This home features a newly installed roof and garage door, reducing the cost of major repairs. The rest of the property is also ready for renovation to maximize its value. Sewer Connection: Both homes need to be connected to the recently installed city sewer system. This will be an additional project for the buyer but will significantly enhance the properties’ value. BRRR Potential: The property has already been surveyed and can be split into two parcels once the sewer connection is completed, offering a BRRR (Buy, Rehab, Rent, Refinance) strategy for investors. Neighboring Parcel Available: The city is offering the neighboring parcel for sale to the owner of this property, providing an opportunity for further development.
Copyright © 2025 ELITE Realty.