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$450,000
Farmhouse DIY Remodel Opportunity
Posted 8 months ago in Sedro-woolley, WA
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Description
This is the introductory attempt at selling an older farmhouse, originally built in the 30's. It sits on 3.5 acres on Hwy 99 between I5 exits Bow Hill Rd and Lake Samish Rd. This was a home owned by an elderly couple whose life situation has changed. Initial property and home cleanup have been done and removal of some interior components. It is our intent to perform a remodel, but the extent is still undetermined. This ad is to act as a feeler to see if there are any investors or DIY capable individuals willing to do some sweat equity. Much has been done through the years to keep the place solid and overall, it is great shape, other than needing a serious update. Rather than show the exact address at this point, we are looking for serious inquiries only, filtering them by requiring a reply to this ad. We are willing to entertain as-is purchase as $450,000 or fully remodeled at $550,000 plus, depending on the level of work desired. I am a 25 year GC with full capabilities to perform any work at a professional level. This project is mostly a favor for the owner that is still alive, helping to provide living expenses for the duration. There is currently a reverse mortgage in place, limiting the ability to wholesale the property. Please refrain from making any type of offer below the asking minimum price of $450,000. If you happen to stumble upon the location, do not trespass. The home is occupied and video monitored. Plese reply to this posting to arrange for a meet. The home has a main floor area of 1,202 sqft with 2 bedrooms and 1.5 baths. The upper floor is an attic 1/2 floor (per county records) with 2 bedrooms. There is also a 786 sqft basement that is currently unfinished. All utilities are in place.
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Condition
Used (normal wear)
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Map is approximate to keep seller’s location private.