4 Bed / 2 Bath
1994 sf
HOUSE IS COMPLETELY UPGRADED WITH PAYING TENANT
This house is completely upgraded.
5106 Malmedy Sold on 9/8/2025 at $159/ sf
5601 Malmedy Selling at $150.47 /sf (Pending contract)
Avg list is $157.77/sf
Listing per sf is getting higher and higher.
Even at $140 sf, the ARV is still $279,000
Current tenant pays $2105/ month for rent, on time. On a month-to-month lease for now.
Great for someone who needs the investment tax deduction this year and the ARV should go up more in Spring. In the meantime, you’re getting $2105 a month.
Yes, this house needs a lot of work, including leveling the pier and beam foundation. Even with that and a $10k contingency, you still won’t go over $50k in repairs. Probably less, really. Unless you want to go real fancy.
It comes with a huge fenced in yard and a nice covered port to sit under on sunny days. It also has 2 sheds; one is new and inside is a riding John Deere lawn mower that’s yours to keep, too!
They just bought the oven and that is yours to keep too.
5 BED / 4 BATH
4,000 SQ FT / LOT IS 10,375 SQ FT
BUILT IN 1972
2 CAR GARAGE
ROOF IS LESS THAN 1 YEAR OLD
The ARV is at least $420,000!
This house can easily be restored to the beautiful mansion it once was.
The roof is new.
The foundation was repaired about 5 years ago and in great shape.
It’s quite the beauty and the DOM is less than 2 months!
See current pictures below