$94,900 / 4br - 1950ft2 - Waterfront Fix & Flip Opportunity in Frankfurt, NY – Ideal Airbnb, Hig (Frankfort NY)

4BR / 1Ba 1950ft2
Unique Investment Opportunity - Waterfront Property with Minimal Work Required!

Prime Location and Outstanding Potential:
Embark on a lucrative investment venture with this charming 3 bedroom, 1 bath single-family home in Frankfurt, NY. Situated just an hour from Albany and Syracuse and next to Utica, this property offers direct backyard access to a marina and a local brewery—perfect for launching your boat and ideal for an Airbnb setup.

Property Highlights:

Unique Feature: Backyard access to marina, excellent for boating enthusiasts.
Condition: Light renovations needed.
Recent Upgrades: New on-demand hot water heater and furnace installed in 2016.
Investment Overview:

Purchase Price: Under $95,000.
After Repair Value (ARV): Over $220,000.
Profit Strategy: Excellent potential as a high-demand Airbnb rental or a quick resale.
This property not only offers an investor the chance to capitalize on the booming vacation rental market but also provides a solid base for a quick and effective flip. With its picturesque location and significant investment upside, it’s a fantastic opportunity for those utilizing the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat).

Terms of Sale:

Sold As Is: Take advantage of the property’s current condition.
Assignment of Contract: This sale will proceed through an assignment of contract.
Cash Only Sale: Financial transactions must be completed in cash.
Deposit Required: 10% due at signing with the assignment contract.
Don't miss out on this exceptional opportunity to invest in a property with both lifestyle appeal and substantial financial return potential. Contact us today for more information or to arrange a viewing!

post id: 7743189221



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