Chestnut Add Unit
We took a red tagged attic space from this 1910 home, and converted it into a brand new 4 bedroom 2 bath unit.
This was a major rehab that required a new foundation, facade, ADA compliance, new bedrooms, bathrooms, HVAC and more. This project took nearly a year to complete including planning and approval for permitting.
7th Street New Build
Ground up build of a duplex, 4 bedroom units with 4 private baths, attached to each room. Built with low maintenance durability in mind, waterproof floors, no carpet, instant hot water heaters, mini split heat/cool controller per room. This unit has a large balcony and covered porch looking over 7th street. Parking is to the left with 3+ spots and pull through to a rear driveway.
We purchased a run down and dumpy 4bed 2bath unit for 228K with undermarket rents. We remodeled and increased the rent by over 6K/year, and by doing so increased the value by at minimum 50K.
At the time of close, approx 5 pit bulls and other squatters were living in this bank owned triplex.
Broken windows and repairs prevented conventional financing, so as the buyer we repaired windows and flooring prior to close.
We purchased a duplex as is from a seller, with a problem unit. This was a 2/2 and 3/2 duplex.
At the time of close, the 3 bedroom 2 bath unit was full of junk, dirt and grime. The tenant was behind on rent and has lived there for nearly 20 years without repairs.