Tons of potential in this charming brick home with an attic apartment. This home has a covered rear porch, large backyard, and two living areas. The upstairs attic apartment has its own exterior entrance and is a 1 bedroom 1 bathroom unit. Please show and sale! There is a hold harmless agreement that buyers and agents must sign before entering this home. The form must be returned to Tommy L. McDowell, Realtors. Please see documents for this agreement. Seller's financing available for fix and flip investors American Mortgage Investment Partners through its partnership with Foundation Commercial Real Estate Funding ("Foundation CREF") offers bridge debt financing to qualified fix and flip investors for up to 85% of their acquisition cost (purchase price plus settlement costs) and 100% of the budgeted renovation costs. The typical loan will include a 12-month term pre-payable at any time, a 2% to 4% loan fee and an interest rate ranging from 9% to 11%. Foundation CREF is seeking to place loans throughout the state and would be interested in financing other properties with your investor clients. Foundation CREF Contacts: John Seeburger (949) 230-8321 jseeburger@foundationcref.com Chris Crovatto (917) 496-9217 All offers to include: Pre-approval letter, copy of EM and Proof of funds.
Listing Number | 19-1005 |
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Style | House |
Sub-Type | Lender Owned |
Status | Active |
Year | 1927 |
Days On Site | 17 |
Bed(s) | 2 |
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Bath(s) | 1 Full |
SQ Feet | 2,173 |
Garage | 1 |
Story(s) | Single |
Acreage | 0.19 |
Square Foot Source | Appr Dist |
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Area Information | |
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State | TX |
County | Potter |
City | Amarillo |
Zip Code | 79101 |
Area | Bivins |
Neighborhood Name | Bivins |
Listing VS Median (in Bivins) | |
Price: $74,900 low | high Med: $120,000 SqFt: 2,173 low | high Med: 1,508 $ / SqFt: $34 low | high Med: $80 On Site: 17 low | high Med: 23 |