New Deal …. The Ware House

Sorry I’ve been slow with the updates. I’ve been battling the flu for most of the week….  hoping it’s not swine flu!!

Hartford Terrace is under agreement, we went to contract with our new buyers after only four days on the market. Check out what our prospective buyers think of the house, read the comment on this page.  

 

We put a contract on a new fixer upper last night. Check this one out. It is a full gut that has been empty for over 13 years. The house is very old… built in 1890, and it has a mansard style roof, which I kinda like.

102_5427  She’s a beauty!

102_5432   Mansard style roof.

102_5434   Kitchen

102_5435    Dining Room/ Living Room

102_5438   A little water damage

102_5448   Claw foot tub.

102_5449   I like the wallpaper!

102_5444   This room is very psychedelic

102_5441   Check out the Tin ceiling

102_5447     More water damage

102_5446   Heres where the water is coming in

 

There are a few roof leaks which have caused some damage. This house has very high ceilings, and most of the ceilings are tin, which is a real nice feature…. except alot of them are rusted out because of the water damage. We picked this one up for real cheap. It will be a nice rehab, but we may end up just wholesaling it out.

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Bessemer Week 7…. and other updates

We received an offer on Hartford Terrace after only four days on the market…. negotiations are underway so I’ll let you know what happens!

Bessemer St is moving right along and we should be finishing up the rehab over the next week or so. Have a look at the progress after week 7:

Hartford Terrace, finished and staged

Here are some photos of the Hartford Terrace house all completed and staged. We generally do some light staging of the kitchen, bathrooms and any other points of interest within the home (I love fireplace mantles). The house came out pretty freakin sweet!!!! Check out the photos:

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Alright, don’t those photos make you just want to buy this house!!! It is gorgeous and in an awesome location; on a terraced street across from a school and a park. I’ll get some before and afters up so you can see the transformation we made to this property.

Hartford Terrace

Heres a look at the house on Hartford Terrace with the floors refinished, nice and shiny!!  They look much nicer than they did before.

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Next up will be the staged photos……

Another Day…. Another Deal

For the last week we have been looking at a vacant 3 family home that has some fire damage to the rear exterior. I don’t know what it is with these fire damaged homes but I have a knack for finding them. I’ve brought contractors through and have been running some numbers. We finally met with the owner today and put it under contract for $20,000 with a closing next week.  Heres a picture:

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It’s been empty for over two years and all the copper pipes are gone (big surprise lol). It’s gonna need three new boilers, three kitchens, three bathrooms, alot of new windows, siding, roof repair and new porches. This is a very large three family with all three bedroom units. Each unit should rent for $900 when renovated. We may keep this as a rental when the rehab is complete.  This came as a referral from an insurance adjuster we recently had worked with on another deal. The kicker on this property is that we may be able to get some of the insurance money back when we finish the rehab. I’ll post more details and photos as things progress with the property.

 

The hardwood floor guys are over at the house on Hartford Terrace and they should be wrapping up over the next three days. That house is gonna look good when the floors are complete. After the floors are done we will clean, stage, and than put it on the market.

Busy Day

Today was a busy day for us.

       I started off the morning by going over to our rehab on Hartford Terrace. Our contractor is just finishing up and he was looking for a final punch list. The Hartford Terrace house is a large 4 bed 1.5 bath colonial that is just over 2,200 square feet. We picked this house up via a short sale. Here are some of the photos I took today.

 

Hartford Terr Exterior

71 Hartford Terr

This is a view of the front. We did all new vinyl siding and replacement windows
 
 
 
 
 
 
 
 
 
 
 
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 Here is the view looking into the kitchen from the dining room. We opened this wall up and added the breakfast bar.
 
 
 
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This is the main living room. It is very large and open. This house has alot of great wood work.
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This is the full bath located on the second floor. This was a complete gut. We added new tub, tile, vanity, lighting and shower panel.
Shower Panel
Shower Panel

 Here is a close up of the Shower Panel. It is a big hit with buyers (especially the women). It is european stlyle complete with rain shower head and body sprays. It looks very “space age”.

 

 

 

The hardwood floors will be refinished at this house on Friday, then it is ready to be cleaned, staged and put on the market!!  I will post some before and after photos when I get a chance.
We are still waiting to close on the Fire Damage Cape. There is a lien on the house that the sellers attorney has yet to clear up.  In the mean time we met one of our plumbers over there today to do a walk through and get his numbers. I will be lining up a whole slew of contractors to take through there over the next couple days, a few of which came from my Craigslist search I posted about yesterday. So far I’ve heard back from four of them… two seem very promising.
We had lunch at the new Golden Corral that just opened up in Springfield… the food is real good. I ate way too much, it’s 11:00 oclock at night and I’m still stuffed from lunch!!!
After lunch it was off to a small REIA Group that meets in Southwick. It was a pretty good turnout and I got a chance to do some good networking.
Now it’s about midnight and I’ve got to get ready for bed…