Are you looking for your next real estate investment project?
Take a look at 118 Linden Avenue, located in the historic Park View neighborhood in Portsmouth, Virginia. Originally developed in the late 19th century, Park View offers a blend of old-world charm and modern convenience. This single-family home is a commuter's dream, situated near Interstate 264 and the Naval Medical Center.
This fixer-upper has considerable unlocked potential with nearly 1500 square feet of living space and sits on a level, grassy lot. It is ripe for rehab. Put in some sweat equity and turn this 3 BR 2.5 BA property into a welcoming nest.
118 Linden Avenue is listed at $224.9K and is priced to sell. Choose your own exit strategy! Fix it up and flip it–pocketing the profits. Or, fix it up and rent it out–creating a long-term passive income stream.
Whatever you choose, NavCap can help finance the deal. We can fund up to 75% LTV through our fix and flip loan product. If you choose to rent the property ultimately, we can easily refinance your short-term loan into a long-term DSCR.
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How Can We Help You?
If you’re in search of your next reno project, check out our entire list of available properties on our website. Or, if you want to discuss financing, give us a call at 888.444.3160 or email us at info@gonavcap.com.
To request a no-obligation quote on your project, click the link below.