Skip the ”demo phase” and get straight to the finish line! We just locked up a 1,240 SQFT powerhouse in Haddington that is already mid-renovation. 1432 N 56th St isn’t just a shell—it’s a project with the heavy lifting started, sitting on a high-velocity block with a $235k comp only 0.1 miles away.
This is a shovel-ready project where you can see exactly what you’re working with. Perfect for a fast flip or a high-equity BRRRR.
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💰 The Money:
- Realistic ARV: $225,000 – $235,000
- Target Rent: $1,700 – $1,850/mo (Killer Section 8 upside)
- Condition: Mid-Renovation. Demo is done, some framing/systems started. This is a ”Head Start” deal for an investor who wants to bypass the permit/demo backlog.
- 🚀 Why this deal?
- Instant Momentum: The video shows a clean interior with the initial phases of renovation already underway. You aren’t starting from scratch—you’re finishing a race.
- Massive Living Space: At 1,240 SQFT, this isn’t your standard cramped row. The width and layout support a high-end retail finish that will command the top of the market.
- Proven Exit: 1544 N Allison St (Sold $235k) is your blueprint. Same size, same radius, proven buyer demand.
📉 PROPERTY COMPARABLES
💎 Renovated Higher Sales (Top of Market / Flip Comps < 0.25 mi)
- 1544 N Allison St (0.1 mi) — Sold $235,000 | 4 bd / 2.5 ba | 1,240 sqft | (10/20/25)
- 1333 N 55th St (0.2 mi) — Sold $210,000 | 3 bd / 1.5 ba | 1,240 sqft | (10/20/25)
⚖️ Mid-Tier Comps (Clean / Refi Support < 0.5 mi)
- 1486 N Wilton St (0.3 mi) — Sold $224,000 | 3 bd / 2 ba | 1,240 sqft | (12/22/25)
- 1248 N Frazier St (0.2 mi) — Sold $195,000 | 3 bd / 1.5 ba | 1,240 sqft | (12/15/25)
💸 Investor / As-Is Sales (Distressed / Buy-In)