1808 Culbertson Avenue, New Albany, Indiana, 47150

Cash Out on Culbertson – Price Reduction

Asking $62,000.00 or best offer

We are selling our assignable purchase contract on the property below:

1808 Culbertson Avenue, New Albany, Indiana, 47150, United States

Zillow

Photos

To submit an offer or set up a viewing please contact Branden at 5024902725 or email [email protected]

Details:

3bd/1ba with 903 sqft
Built in 1926
Tenant Occupied
Closing on or before 10/18/24
Market Rent: $1,160.00
Current Rent: $600.00
Excellent Flip Opportunity

ARV is $148,000 based on the following comps:

2009 Culbertson Avenue in New Albany, IN, 47150 is a renovated 1075 SqFt, 3 Bed / 1 Bath that sold for $178,000 on 2/22/2024 ($165.58 per SqFt)
339 Jay Street in New Albany, IN, 47150 is a renovated 916 SqFt, 3 Bed / 1 Bath that sold for $145,000 on 7/11/2024 ($158.3 per SqFt)

Repairs:

Roof: 20

HVAC: Furnace is 3 years old but the exterior unit could be replaced.

Flooring: Needs Replaced

Kitchen: Needs to be updated

Bathroom: Complete remodel

Windows: Needs new Windows

Foundation: cement Blocks & crawl space Front right corner needs attention

Other: Soft spots in the bathroom and part of the kitchen from water damage. Suggest minor subfloor replacement

To submit an offer or set up a viewing please contact Branden at 5024902725 or email [email protected]

Our deals move fast. If you would like to lock the property up, we do accept sight-unseen, no-contingency cash offers.

$2,500 earnest money check required for all buyers.

Realtors, add your fee (whatever you like) and bring us a buyer!

Not interested in this deal? Click here to view our other listings

We are growing our team!

We are hiring! We believe in developing world-class salespeople, investors, and human beings. This is a career, not just a “job.” Our people will have the
ability to earn really well and invest in their future through real estate.

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Questions? I can Help!

Andy KlunderInvestment Sales Specialist

Don’t miss out! To submit an offer or schedule a viewing, contact me now at 502-490-2725