Weekly Recap and New Finished Rehab… 93 White St, Westfield MA

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We wrapped up another eventful week here in beautiful Springfield, MA.  We purchased two more rehab properties; a full gut in Springfield and a light cosmetic rehab in East Longmeadow. We put both of these properties under contract less than two weeks ago. It’s great to have access to that kind of Cash… and to be able to close on these deals in less than two weeks…. pretty powerful stuff when you are making offers to motivated sellers!!

 We also finished up the rehab on two of our ongoing projects. 37 Mansfield St is complete and we accepted an offer on it prior to even having to put it on the market. One of our “preferred realtors” took a client through while we were finishing up and they made us an offer. After some negotiating we came to an agreement yesterday, with home inspection scheduled for Monday.

Our other finished property is a two family home located at 93 White St in Westfield MA. We started the rehab on this home earlier this year, prior to me even starting this blog, and we finally finished it. It was another fire damaged home and required a full gut renovation.  The rehab took way too long, mainly due to us having to fire a couple of contractors, but it is finally complete and looks great. Here are some of the finished pictures:

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Exterior

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Kitchen - Unit 1

 

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Kitchen - Unit 1

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Bathroom - Unit 1

 

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Living Room - Unit 1

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Bedroom - Unit 1

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Kitchen - Unit 2

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Dining Area - Unit 2

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Bathroom - Unit 2

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Living Room - Unit 2

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Bedroom - Unit 2

 

I’m not too sure how the market is in Westfield as we’ve never sold anything there before, however we already have 5 showings scheduled for this weekend, so I’m hoping we can move this one quickly.

After our two purchases this week we will now have 6 rehabs going with one more in the pipeline set to close in the coming weeks. The winter months tend to be a little slower on the resale side, but I don’t think we’ll have too much trouble moving our finished rehabs as they are always head and shoulders above our competition!!