Profitable Flip or Rental Opportunity Awaits in Mesa

  • Asking $360,000
2241 E Fox St, Mesa, AZ 85213, USA

Overview

Property ID: toc-27489
  • Single Family Home
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Garages
  • 1604
  • sqft
  • 1978
  • Year Built

Description

Welcome to a compelling investment opportunity in Mesa, AZ, at 2241 E Fox St. Ideal for those seeking to effortlessly expand their real estate portfolio, this 3-bedroom, 2-bathroom property combines value and potential. Offered at a competitive $360,000, significantly below market comparables, and with an After Repair Value (ARV) of $486,000, it requires minimal improvements to become move-in ready. This property is an ideal scenario for a quick flip or transformation into a highly desirable rental, free from HOA constraints and full of sought-after features, promising a swift and cost-effective path to profitability.

Key Features:

  • Optimized Layout: Open floor plan with 3 bedrooms and 2 bathrooms, including a master suite with private backyard access.
  • Large Lot & Outdoor Space: An expansive backyard with a pool and large covered patio, perfect for enhancements or expansions.
  • No HOA: Offers unlimited customization and expansion potential.
  • Interior Upgrades: Features tile flooring, an open-concept kitchen with stainless appliances, granite countertops, and a kitchen island, plus a large greatroom with a fireplace.
  • Private Pool: Enhances the property’s marketability as a valuable amenity.
  • Prime Location: Positioned in a highly desirable Mesa neighborhood, ensuring high demand and value retention.
  • Profit Potential: With an asking price of $360,000 and an After Repair Value (ARV) of $486,000, this property offers a potential profit of $126,000 before expenses, underscoring the significant return on investment opportunities.

 

Priced to sell well below market value, this home represents a golden opportunity for investors aiming for maximum returns. It stands out as a strategic acquisition, perfectly balancing affordability with high-profit potential. Whether targeting quick revenue through rental income or a swift, high-margin flip, this property is a smart, low-risk investment ready for immediate financial reward.

To capitalize on this lucrative deal or to schedule a viewing, contact Anette Brown at (602) 448-7377.

Want to be in on a Little Secret?

Get exclusive access to discreet home sales, foreclosures, short sales, and more! Join our elite network and capitalize on these hidden treasures, securing amazing deals on unadvertised properties. Don't miss your chance to stay ahead of the game with real-time notifications when new opportunities arise.

Details

Updated on February 21, 2024 at 11:26 am
  • Property ID: toc-27489
  • Price: Asking $360,000
  • Property Size: 1604 sqft
  • Lot Size: 9480 sqft
  • Bedrooms: 3
  • Bathrooms: 2
  • Garages: 2
  • Year Built: 1978
  • Property Type: Single Family Home
  • Property Status: Under Contract
  • Address 2241 E Fox St, Mesa, AZ 85213, USA
  • City Mesa
  • State/county Arizona
  • Zip/Postal Code 85213
  • Country United States

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

Schedule a Tour

Your information

0 Review

Sort by:
Leave a Review

Leave a Review

Contact Information

View Listings
Anette Brown

Enquire About This Property

DISCLAIMER: The content provided herein is for informational purposes and no representation or warranty is made regarding its accuracy or completeness. Property descriptions, documents, and pictures may not accurately describe or depict the property. You are encouraged to conduct your own due diligence and seek independent professional advice if necessary.

Compare listings

Compare
Anette Brown
  • Anette Brown