3414 E 143rd St — $66,500
- Beds/Baths/Sqft: 3 bd / 1 ba / 1,361 sqft
- Price per SqFt: $48
- Lot size: 4,800 sqft
- Year Built / Type: 1920 / Single Family Residential
- Status / Last Sale: Listed (Active) / $66,500 Aug 11, 2025
- Summary: This 3-bedroom, 1-bath colonial is situated in a strong rental area, presenting a great investment opportunity.
- Renovation rationale:
- Low price per square foot at $48 makes it an affordable entry point for renovations.
- The home is over 100 years old, indicating potential for significant value-add through updates.
- Why these metrics matter for renovation:
- The low price per sqft allows for a larger renovation budget relative to purchase price, enhancing ARV potential.
- Recommended renovation ideas: Update kitchen and bathroom fixtures, enhance curb appeal, and consider adding a deck or patio for outdoor living.
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4100 Archwood Ave — $239,900
- Beds/Baths/Sqft: 5 bd / 3 ba / 2,907 sqft
- Price per SqFt: $83
- Lot size: 4,680 sqft
- Year Built / Type: 1926 / Multi-Family (2-4 Unit)
- Status / Last Sale: Listed (Active) / $239,900 Aug 11, 2025
- Summary: This well-maintained multi-family property offers immediate rental income with long-term tenants and recent updates, ensuring reduced maintenance costs.
- Renovation rationale:
- Low price per square foot at $83 allows for substantial renovations while maintaining cash flow.
- 5 bedrooms and 3 bathrooms provide flexibility for family or rental configurations.
- Why these metrics matter for renovation:
- The size and layout can accommodate multiple tenants or larger families, increasing rental income potential.
- Recommended renovation ideas: Upgrade kitchens and bathrooms, enhance common areas, and improve outdoor space for tenant enjoyment.
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10602 Earle Ave — $160,000
- Beds/Baths/Sqft: 6 bd / 3 ba / 2,138 sqft
- Price per SqFt: $75
- Lot size: 4,321 sqft
- Year Built / Type: 1920 / Multi-Family (2-4 Unit)
- Status / Last Sale: Listed (Active) / $160,000 Aug 9, 2025
- Summary: This fully updated triplex offers exceptional income potential with recent major updates, ensuring low-maintenance ownership.
- Renovation rationale:
- Affordable price per square foot at $75 provides room for further enhancements.
- The property features 6 bedrooms, making it ideal for multiple tenants or larger families.
- Why these metrics matter for renovation:
- The multi-unit configuration allows for diversified income streams, optimizing cash flow and investment returns.
- Recommended renovation ideas: Further improve individual units with modern finishes, enhance landscaping, and consider energy-efficient upgrades.
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13414 Ferris Ave — $165,000
- Beds/Baths/Sqft: 5 bd / 2 ba / 1,728 sqft
- Price per SqFt: $95
- Lot size: 5,600 sqft
- Year Built / Type: 1920 / Multi-Family (2-4 Unit)
- Status / Last Sale: Listed (Active) / $165,000 Aug 7, 2025
- Summary: This fully occupied duplex offers strong rental income with long-term tenants in place, making it a turnkey investment.
- Renovation rationale:
- Reasonably low price per square foot at $95, allowing for updates while maintaining cash flow.
- 5 bedrooms provide flexibility for larger family units or multiple tenants.
- Why these metrics matter for renovation:
- The potential for increased rents post-renovation makes this a lucrative investment opportunity.
- Recommended renovation ideas: Update kitchens and bathrooms, enhance common areas, and improve exterior aesthetics to attract higher-paying tenants.
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8703 Force Ave — $39,900
- Beds/Baths/Sqft: 4 bd / 2 ba / 1,360 sqft
- Price per SqFt: $29
- Lot size: 4,347 sqft
- Year Built / Type: 1880 / Single Family Residential
- Status / Last Sale: Listed (Active) / $39,900 Aug 8, 2025
- Summary: This colonial features a first-floor primary bedroom and significant upside for renovations, priced for investors or handy buyers.
- Renovation rationale:
- Extremely low price per square foot at $29, providing a substantial budget for renovations.
- The home is over 140 years old, indicating potential for significant value-add through improvements.
- Why these metrics matter for renovation:
- The low acquisition cost allows for extensive renovations, increasing the potential ARV significantly.
- Recommended renovation ideas: Complete interior updates, enhance curb appeal, and consider adding energy-efficient systems.
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