Strategic Value-Add Opportunity in Prime Peoria Pocket – ARV $300K+
Investors and visionaries, take note! This 1,610 sq. ft. property offers a rare “blank canvas” opportunity in an established Peoria neighborhood where updated homes are consistently setting new benchmarks for value. Whether you are looking for a high-end full-scale renovation or a strategic rental play, this property provides the solid structure and functional layout needed to maximize your ROI.
The Opportunity:
Renovation Potential: The home features a versatile 4-bedroom, 2-bathroom layout. One bedroom is currently utilized as an office, but can be easily enclosed with a closet to maximize bedroom count and resale value.
Strategic Upgrades: The property would benefit significantly from a full master bath renovation and new kitchen flooring, allowing the new owner to modernize the space to capture top-tier market rents or a premium resale price.
Investment Security: According to seller statements, major systems including the roof (approx. 10 years old), AC (approx. 4 years old), and water heater (approx. 4 years old) have been recently updated, potentially reducing immediate capital expenditure for the right buyer.
Location & Market:
Proven Valuation: With an estimated After Repair Value (ARV) of $300,000, this project offers a compelling equity play in a high-demand area.
Prime Accessibility: Located minutes from major transportation routes, local dining, and shopping, ensuring long-term desirability for future occupants.
Investment Terms:
Seamless Transition: Property will be delivered vacant at the close of escrow, allowing your renovation crew to mobilize immediately.
Access: Shown by appointment only. An executed contract and non-refundable earnest money are required for all viewing requests.
To learn more or to schedule a viewing, call our Support Team 24/7 (480) 744 – 6294. Your dream home begins here.
If your offer does not meet the terms above, please email your offer with offer requests to [email protected].
TERMS & CONDITIONS
Final offer is subject to seller approval.
Earnest money must be deposited one (1) business day sale from sale date, otherwise we reserve the right to terminate the agreement and contact the second highest bidder to purchase subject property.
Auction ended
Auction ended
Auction ended