House Flip Update – 70 Glenwood St Sold

We put 70 Glenwood St on the market just over two weeks ago and it is already sold!!! We were able to get this done so quickly because we found that ever so elusive retail cash buyer

We met our buyer over at Glenwood St on Thurs. April 1st and she immediately fell on love with the house. She informed us that she had the cash available to purchase the house and she could close in a week. Well, that was music to our ears and we made it happen. After negotiating the price a little, title was ordered, inspections were done, and we officially closed one week later. Another bonus is she was not working with an agent so we saved a few bucks on that end as well.

Here are the final pictures of it finished and staged (you can see the before pictures HERE) … enjoy;

70 Glenwood St Springfield MA

Flip This House - 70 Glenwood St

Flip this House - 70 Glenwood St

Green Renovating - Bamboo Flooring

Porch Converted to Living Space. Archway

Stainless Appliances

Glenwood St Kitchen

Full Bath 1

Kitchen Looking from Dining Room

Full Bath 2

Bedroom with Shiny Hardwoods

Master Bedroom

Full Bath 2 with shower panel Body Jets

Beautiful Bright White Handrail and Railing

Well, I wish they could all be that easy. Two weeks exactly, from the day the property first hit the market, to the day we are at the closing table signing the deed over, that’s definitely a record that will be hard to beat!!

70 Glenwood; Where Have You Gone

If you’ve been following my blog for a little while you may have remembered the property at 70 Glenwood St. This is the property with some major fire damage where we completely knocked out the floor of the first level. If you missed that video you have to see it … click HERE to watch it!!

Well we hit some delays getting our heat on there because the gas company told us they cut the line at the street and they wouldn’t be able to fix it until spring time. Long story short, they finally sent someone to the house and realized the line wasn’t cut at the street and we did have gas to the house, however we lost a good amount of time because we couldn’t get heat to the house, which also meant no water.

So I have a video we put together awhile back, as well as some more recent photos of the property near completion. Heres the video:

And here are some pictures of the house nearly complete. This is the first property we started using those nice archways, we borrowed the idea from Tom Tarrant over at www.TomTarrant.com .

Check it out:

Living Room with Bamboo Flooring

Front Door Looking from Living Room

Kitchen Looking from Dining Room

Archway Between Dining Room and Kitchen

Kitchen

Full Bath

Master Bedroom

Finished Attic Space

New Main Support Beam

This house was a small two family home that we converted to a single family. It is now 4-5 bedrooms with 2 1/2 baths and maybe 1600-1700 square feet.

Next step is to stage it and get it SOLD!!

Deal Updates – 209 Gifford St, Springfield

Our sweet little cape on Gifford St is nearing completion. All the finish electrical work is done and the plumbers should be completing their finish work over the next week. We installed some new hard wood floors and added a nice deck to the back of the house.

We put a  FSBO sign out on all our properties as we are nearing completion and Dom has been receiving quite a few calls  from interested buyers. I also noticed quite a few google searches for 209 Gifford St finding their way to this blog. The property is in an awesome neighborhood and its a good sign that we are getting alot of interest already.

Heres a couple pics of some of the work;

209 Gifford St Springfield MA

 

New Front Entrance Just Added

 

New Deck just Built off Rear of House

 

Open Kitchen

New Hardwoods just Installed

Double Sink Vanity

Glass Tile Inlay

Stainless Steel Appliances, Birch Cabinets

This house has come a long way since we first purchased it.

Well thats all I’ve got for tonight. I’ll work on getting some updates done on a few of our other houses.

Crazy Week + 37 Mansfield St Final Video

The week started and ended very good with us getting two more offers accepted, one on Monday and the other on Friday. The first deal is an estate property that was brought to us by one of the bigger REO agents in our city. The house is in a little rougher neighborhood than I like, but this will be the third property we’ve purchased from this particular agent in the last couple months so I’m viewing it as a way to further solidify our relationship.

The second deal is a short sale that we received an approval letter for on Friday. This should be a pretty sweet deal but we’ve got to clear up a few little title issues before we can close on it.

In other news, after only owning the house on Ravenwood St for a little over two weeks, we’ve got the rehab finished and our new buyer is already moving in!!!  I’ll have pictures and videos of this property coming up in the next week or so.

OK… to wrap it up I want to post our final walkthrough of the fire damaged multi family home we did at 37 Mansfield St in Springfield. You can see all the before pictures here, and our initial walk through video here.

Check it out;

209 Gifford Update… Ready for some Rock!

All the rough framing, electrical and plumbing is complete at Gifford and we passed all our inspections with no issues. Now we are ready to insulate the whole house and then hang our sheetrock. The guys are coming in this weekend to do all the sheetrock and we should have finished walls by next week.

Heres a video of how things look:

Things are coming out real nice at this house and the finished product is gonna look great!

17 Bessemer Before and After

Heres a look at the before and after of the property we rehabbed at 17 Bessemer St. This was our flagship deal of 2009. The stars seemed to align on this property; from finding it, to rehabbing it, to selling it…. everything went real smooth and the deal was very profitable.

The transformation was really amazing!!

Gifford St Update and more deals….

It’s been a pretty busy 10 days since I last posted. We closed on a new rehab project on Parker St in Springfield on Wednesday. We also made deals on three new properties; the first is a two family that we are buying from a local money lender, the second is a short sale that we finally got approved after working with Bank of America for almost a year, and the third is an estate property that needs a pretty thorough cosmetic overhaul. 

On top of all that we still have our 6-7 ongoing projects and we will be selling two of our finished properties next week; 37 Mansfield St and 93 White St

Now for our ongoing projects….. Things are moving along well at Gifford St. Most of the rough framing is complete and the plumbers have been there the last couple days doing their rough in. The outside has been completely sided, the new roof is on and we’ve added the new driveway. Heres a look; 

New Driveway

 

New Second Floor Bath framed in with Tub and Plumbing

 

Second Floor Bedroom closet framed in

 

New Second Floor Bedroom with Full Dormer

 

Kitchen looking in from Dining Room

 

First Floor Gutted

 

New Stairway Going In

 

The electricians will be coming in next to do all their rough work once the plumber finishes up. From their we get all our rough inspections done and then it will time to for insulation and sheetrock. Once we get the sheetrock up it will start to look like a house again!!

37 Mansfield St – Final Pictures

37 Mansfield Before

The renovation work is totally complete at 37 Mansfield St. The property came out awesome and we found a buyer without even having to put it on the MLS. This property had alot going against it; it was condemned, it was fire damaged, the porches were falling down, and it had some serious structural problems… but we fixed all that and turned it into a real gem!! With over 3,700 square feet, 10+ bedrooms and 3 full bathrooms this was by far the biggest property that we have rehabbed. We started renovation of the home in June and work was completed at the end of September. We ended up converting this property from a three family to a two family. This was a total gut down to the studs; we did new electric, plumbing, heating systems, roof, siding, windows, kitchens, baths, sheetrock, etc…..   

You can see more of the before pictures here and some video here.

Heres a look at the finished product:

37 Mansfield St- After

37 Mansfield After

Kitchen Unit 1

Kitchen Unit 1

Bathroom Unit 1

Bedroom Unit 1

Living Room Unit 1

Bedroom Unit 2

Third Floor Living Room Unit 2

 

I was amazed out how nice the hardwoods came out. When we first started work I didn’t think we were going to be able to save any of the floors but our hardwood refinisher was able to work some real magic on those old floors!!

So have another look at the before pictures here and let me know what you think….