AVENUES COTTAGE FIRE REHAB

OVERVIEW

After a electrical fire, we gutted the entire 1 bedroom 1 bath house to the studs and foundation to rehab it.

  • All New Electrical (including service line and 220v)
  • Spray Foam Insulated
  • Ducted Mini-Split with Heat Pump
  • Tankless Hot Water Heater
  • New Kitchen/Granite
  • New Interior/Exterior Paint
  • New Bathroom
  • New Floor/Base
  • Added Laundry Closet
  • All New Electrical Finishes/Fans/Lights
  • All New Trim Carpentry
  • New Doors
  • Foundation and Roof Framing Repair
  • More!

All work done by RepairPro

Cost: $70K

Completion: April 2020

Units:  1 Bedroom House 

Fully Furnished Short Term/Vacation Rental

BUDGET

5K

  • Decor & Furnishings

50K

  • Demo
  • Framing
  • Construction
  • HVAC

10K

  • PG&E & Service Upgrades
  • Electrical

5K

  • Appliances & Finishes

ROI & OUTCOME

Before
Unit 1  Income $10,800/year

After
Unit 1  Income $27,900/year (Est. $155/night, 50% Vacant)

Gross Increase $17,100
Cost of Improvements $70,000
24.42% Return

PHOTOS

As soon as it was empty, everything was new from top to bottom.

570 E 3rd Unit C Revisions-2 (1)