Bellevue Flip - Investors don't miss this one! 

We have an assignable contract available to purchase.

Go to foursquaredeals.net to see our other deals/inventory.  You can also view our sold deals for reference.

Unlock a lucrative investment opportunity at 3274 164th Pl SE, Bellevue, WA, where charm meets potential in one of the most desirable areas of the Pacific Northwest. This property is strategically positioned in a vibrant community known for its outstanding schools, upscale shopping, and proximity to major tech companies, making it an attractive option for families and professionals alike.Featuring a spacious and thoughtfully designed floor plan, the home offers modern amenities that cater to today’s lifestyle. Abundant natural light fills each room, while the inviting outdoor space provides a secluded oasis for relaxation and entertainment. The well-maintained lawn and landscaping add curb appeal and charm to the property.With easy access to nearby parks, recreational facilities, and transit options, this location ensures convenience and connectivity for residents. Bellevue's robust real estate market has demonstrated significant value appreciation, making this property a wise addition to any investment portfolio.

SUGGESTED STARTING PRICE:  1,175,000 (assignment included)

ARV:1,600,000 

Perfect For: Fix & Flip

(Purchase Price: 1,175,000) + (Rehab: 150,000) = (Total Investment: 1,325,000)

(ARV: 1,600,000) - (Total Investment: 1,325,000) = (Gross Profit: 275,000)

ARV Comps:

• https://www.redfin.com/WA/Bellevue/16121-SE-31st-St-98008/home/428006 - Sold 09/09/2024 - 1.6M

 Buy With Equity (As-Is Comps): 

• https://www.redfin.com/WA/Bellevue/16514-SE-30th-St-98008/home/428856 - Sold 07/02/2024 - 1.43M
• https://www.redfin.com/WA/Bellevue/16460-SE-35th-St-98008/home/429394 - Sold 07/31/2024 - 1.48M

Property Overview:

Bedrooms: 4

Bathrooms: 2

sq. ft. 2120

Lot size: 12,940

Built in: 1968 

Property Details:

Exterior: Needs Paint

Roof: Good

Landscape: Maintained

Windows: Need to update

Utilities: City water and sewer

Plumbing: good

Electric: Breaker Box

Foundation: No issues

Hot Water Heater: Good

Kitchen: Needs updating

Bathrooms: Needs updating

Garage: Car port

Additional Insights:

Many flips in the area

History: Owner occupied - primary residance 

Attention Required:  Full Reno

Occupancy: Owner Occupied

Vacancy: at closing

EMD: 15,000

PLEASE CALL TIKI TO SCHEDULE SHOWINGS

(209)-409-4355

TENTATIVE CLOSE DATE ON OR BEFORE 30 days or sooner

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