Deal Updates

A quick update on where some of our projects stand;

 

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39 Brooks St, Springfield:We put Brooks St on the market for $133,900 and accepted an offer in early August. The home inspection was done two weeks ago and went very well. The appraisal was done on Friday and the buyer has received their loan commitment contingent upon appraisal review. Closing should be early to mid September.

 

 

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17 Bessemer St, Springfield:  Bessemer St went under agreement very fast. We put the property on the market on Friday 8/15 and by the end of the open house on Saturday 8/16 we had multiple offers. The home inspection was performed last week, with the appraisal scheduled for this week…. closing should be the end of September. This home came out really nice and will probably be our best project to date.   

 

 

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71 Hartford Terrace Springfield:  Hartford Terrace initially went under agreement back in June. After our first buyers hit some delays in getting their financing we put the home back on the market in late July at our initial asking price of $189,900. We had four showings the first day back on the market and received multiple full price offers. The home inspection and appraisal are complete and we are just waiting to close at the end of September. 

 

 

Work is still under way at Mansfield St, Plumtree and Glenwood.   

September is going to be another busy month so stay tuned…….

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Bessemer Pictures, Finished and Staged

Here’s the finished pictures of Bessemer St; cleaned, staged and ready for a new buyer!! 

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Dang, thats alot of pictures….. didn’t realize I took so many!!! 

The house came out great and I definetly think it will sell fast. I’m off to the open house.

39 Brooks St, Springfield MA

We have the home on Brooks St on the market. We repaired some water damage spots, put gutters on the house, did some landscaping and a few other odds and ends. Once the work was done we cleaned it and staged it. This home was rehabbed by the previous owner so it is a nice change from the full gut rehabs we have been doing lately.  Here are some photos:

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The new furnace is a high effeciency direct vent unit that runs at 95%.

Heres what the property looked look before we bought it.

Brooks St EXT 1

Brooks Kitchen

Brooks Living Room

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Not as drastic a change as Bessemer or Hartford Terrace , but the improvements will help it show alot better.

Bessemer–Finishing Up

Work is almost complete at Bessemer St. We have started showing the property and have received very positive feedback… we actually may be getting two offers before the house even officially goes on the market.

The transformation of this property has been amazing and the finished product is looking great. Have a look at the house now:

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New Roof, Windows, Siding, Gutters, Garage Door, Landscaping, Etc...


New Kitchen w/Stainless Steel Appliances

New Kitchen w/Stainless Steel Appliances


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Tile Backsplash and Countertop. French Door Fridge. Lots of Recessed Lighting

 

Brushed Nickle Hardware, 18x18 Ceramic Tile Floor, Over the Range Microwave

Brushed Nickle Hardware, 18x18 Ceramic Tile Floor, Over the Range Microwave


First Floor Bathroom with New Fixtures and Ceramic Tile Floor

First Floor Bathroom with New Fixtures and Ceramic Tile Floor

 

Tile Tub Surround

Tile Tub Surround w/ Accent Border

 

Living Room w/ Fireplace and Hardwood Floors

Living Room w/ Fireplace and Hardwood Floors

 

Front Entrance/ Stairway

Front Entrance/ Stairway

 

Refinished Hardwoods

Refinished Hardwoods


Second Floor Bath

Second Floor Bath


Second Floor Bedroom

Second Floor Bedroom


Master Bedroom w/Front Load Washer/Dryer going in Second Floor Bath

Master Bedroom w/Front Load Washer/Dryer going in Second Floor Bath

 This one is turning out as nice as Hartford Terrace. Once it is completely finished and staged we should have buyers fighting over it.  We’ll be putting Bessemer and Brooks St on the market over the next week. I hope all the buyers aren’t on summer vacation and we can move both of these quickly.

Playing in the Dirt

We spent the afternoon doing landscaping over at Brooks St. I generally don’t do too much work at our properties myself, I leave that for the real contractors, however I do enjoy doing the landscaping from time to time. I don’t go to overboard, I usually will just plant some shrubs, evergreens and an ornamental grass or two. My favorites are boxwoods, azaleas, spirea, rhododendron, and Alberta spruces. I like to throw in some ornamental grasses for color and dimension. Because I use mainly evergreens I use the red mulch to add some more color as well. The main goal is to make it look fresh, clean and not too cluttered. If I can, I will try to save the mature landscaping already located around the property, but most of the time everything is so overgrown and unkempt it is best to take it all out and start fresh.

Heres what we did at Brooks St today:

Landscape Before

Landscape Before

 

Landscape After

Landscape After

 

Landscape Before

Landscape Before

Landscape After

Landscape After

House Before Landscape

House Before Landscape

House After Landscape

House After Landscape

 

We didn’t do too much, but it definitely helps the overall curb appeal of the house. We landscaped that whole front bed for less than $200, and most of that cost went to the three tall Arborvitaes, which cost $30 apiece.  The arborvitaes are a great foundation plant, especially in this situation as they block that ugly front wall pretty good.

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:

Stop Work Order

We’ve hit a few snags at the fire damaged three family. The next door neighbor isn’t happy about the dust from the demo so she called the cops on our contractor for working on a holiday (memorial day) and then she called the building inspector the next day… apparently she thought we were working without permits. No big deal, the inspector stopped by and everything looks good. Then on Thursday we got an unexpected visit from the Environmental Protection Agency…. seems someone called in an anonymous tip alleging that we were removing the asbestos boilers from the property on our own, instead of hiring the overpriced asbestos abatment companies. We’ve had four abatement guys over to look at the job in the last two weeks…. I’m not sure which one took the liberty of  dropping a dime on us.  I guess it’s their way of insuring they get work, call in the EPA so we don’t even consider removing it ourselves (which we never did).  So the EPA guy says that there is a slight chance that their may be asbestos in the sheetrock we are removing and he gives us a Stop Work order until we get some samples tested. $450 bucks later the samples come back clean and we should be able to start work again on Tuesday. Here’s a look at the progress so far:

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102_5009  Heres how the third floor looked a week ago

102_5377  And the third floor now

102_5380   Here’s where the fire burnt through the roof

 

We’ll probably lose four days because of this little hiccup. It wasn’t too bad because it gave our contractor a chance to get back over to Bessemer and do some painting.

 

We bought another house on Wednesday. It’s on Brooks St in Springfield. The good thing is that this one has already been rehabbed by the previous owner, not to our standard… but it’ll do. Heres a look at the house;

102_4569    We bought this from a hard money lender out of CT who is also a pretty well known TV star on A&E’s Flip This House .  Theres a few repairs we need to make to this house, nothing major though.  Once thats done we’ll stage it and get it on the market.