Property Description:
VIRGINIA BEACH SINGLE FAMILY RESIDENTIAL ON LAKE SMITH (WATERFRONT)
(Lake Shore Subdivision)
2 bedrooms, 1 bath, approx 700 sqft, Built in 1944
(AS-IS)
Scope of Work:
DEMO – 1.5k
KITCHEN – 8k
FLOOR – 2.5k
ELECTRICAL – 3k
PAINT – 1.5k
BATHROOM – 3k
HVAC – 5k
ROOF - 3k
LANDSCPE -2k
WATER HEATER - 1k
WINDOWS & DOORS - 3k
Unforeseen costs - 2.5k
ESTIMATED REPAIR COSTS - 35k
COMPS:
1) 1532 Lakeview Drive, Virginia Beach Sold for 350k (NOT FULLY RENOVATED)
(3 beds, 1.5 baths, approx 1200 sqft)
2) 1549 Bradford Road, Virginia Beach PENDING for 335K
(2 beds, 1 bath, 837 sqft)