Colonial SFR in New Haven County
$89,700
201 Hawkins Street, Derby, CT 06418
1,265 sqft
Building Size
0.12 acres
Lot Area
Details:
Highlights:
- Distressed Mortgage Acquisition Opportunity
- Seller will Carry 75% and All Upside to Investor
- preREO Program Receiver can be Appointed to Repair and Rent during the Foreclosure Process
- Property values has increased 72% in the past 8 years
Description:
Please Note: When investing in this property with preREO, you are purchasing the non-performing 1st mortgage secured by the property. By completing the foreclosure, the buyer may become the owner of the property.
Participation available with 25% of the acquisition price. Do not disturb the borrower or occupant (if any), and do not enter the property. Trespassing is a criminal offense.
About 201 Hawkins Street, Derby, CT 06418:
This property is a 4 bedroom, 1.5 bath, single-family residence built in 1900. This property is in need of some work, but it offers great potential as a fix and flip.
Realtor.com states 201 Hawkins St is likely to appreciate by 2% in the next year based on the latest home price index. In the last 8 years, this property has increased its value by 72%.
Documents:
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201_Hawkins_-_Exterior_BPO_12-19-18.pdf
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201_Hawkins_Title_Report_1-15-19.pdf
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Location
