Jeff Pearl, Full Service Full Time Realtor (RE/MAX Distinctive / LIC in VA)

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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Investment Property. 

              Offered As-Is.  There is a tear-down house on the premises.

May 15, 2022 12:48 PM
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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

I need a hazard mask just looking at that, Jeff. I'd advertise as residential, though it definitely looks like a teardown but a fearless investor may step up and find value in taking it down to the studs.

May 15, 2022 04:24 PM
Rainmaker
1,216,159
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Residential. Needs lots of work. Photos will show the condition for interested buyers who will factor in the cost of a trash-out, or tear-down, or major, major fixer into their purchase price. Cash only since the property will not qualify for institutional financing.

May 15, 2022 03:04 PM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Before I would list a home like that on the MLS I would ensure it is "trashed out".  It will be listed under residential, Fixer. 

Absent that, tap into the investor pool and sell as is with all the contents. 

May 15, 2022 12:42 PM
Rainmaker
1,065,882
Diana Zaccaro Broker Associate
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Residential, "as is" and note "the value is in the land".

 

May 15, 2022 02:40 PM
Rainmaker
782,469
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

I would say under residential, with first words being teardown. I sure hope it has been empty for those 5 years.

May 15, 2022 06:05 PM
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Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Land value only.  Tear down on premises.

May 15, 2022 04:56 PM
Rainmaker
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Residential as a fixer.  Describe accordingly and show photos.  Make a mold disclosure.  Factor the cost of 3-4 roll-off dumpsters into the price.  Reach out to investors.  We've offered on far worse than this.

May 15, 2022 06:09 PM
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Residential teardown rehab land value.

May 15, 2022 03:51 PM
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Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Residential but Wow

May 15, 2022 01:35 PM
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Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Residential with in need of major repair and possible teardown. 

May 16, 2022 04:37 AM
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Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

You already have lots of answers, so I'll just say "yuck."

May 16, 2022 04:45 AM
Rainmaker
7,565,525
Roy Kelley
Retired - Gaithersburg, MD

A real challenge for the listing agent. Perfect for an investor.

May 16, 2022 04:29 AM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I don't know that we would be able to list this as "land" in our MLS. I would expect it would show up as residential single family residence sold as is and as a tear-down or fixer-upper.

May 16, 2022 04:51 AM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

List as residential. Disclose that the price reflects cost of tear down! Likely not saveable.

May 16, 2022 05:10 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

This one I may list as a house that needs a lot of repair, however we recently listed one that was much worse than this that we listed as vacant land with the warning that there were several buildings that needed to be removed.

May 16, 2022 06:20 AM
Rainmaker
2,749,690
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I had to get permission from the MLS board to list a residential two unit in income property and residential one time. If you qualify for both, why not?

May 16, 2022 06:10 AM
Rainmaker
1,496,848
Raymond E. Camp
Ontario, NY

Pelosi would like it!

May 16, 2022 06:01 AM
Rainmaker
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Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I think it needs to be listed as a dwelling. I would have it cleaned out.

May 16, 2022 05:50 AM
Rainmaker
1,818,140
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Wow, what a beauty! In my MLS we cannot list under both. I would point it towards investors that might want to take that on.

May 16, 2022 05:44 AM
Rainmaker
5,775,708
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

The investors around here would be scrambling to get offers in on this one.  Residential investment and list as a fixer.

May 16, 2022 05:24 AM
Rainer
386,065
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Cash only residential.

May 16, 2022 09:46 AM
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

OMG..... here you'd have multiple offers for this demo. 

May 18, 2022 10:57 AM
Rainmaker
1,013,986
Elyse Berman, PA
LoKation Real Estate - Boca Raton, FL
Boca Raton FL (561) 716-7824

Residential and a teardown.  Not likely to be saved in south Florida.

May 16, 2022 12:44 PM
Rainer
7,161
Alejandro Ferro
Ferro Home Buyers - Winston-Salem, NC
Real Estate Professional

Not sure where this is located however this is the bread and butter for a team like mine. Properties in this condition if I were to list it I would make it clear it is a As-IS property Cash or HML only. I would reach out to wholesalers in the market who tend to work directly with investors and they might be able to find a buyer for it. Although the MLS is a great source to list these properties I have seen a lot of investors not paying attention to the MLS right now. For several reasons either overpriced or competition so a lot of my investors are not even taking the time to look at the MLS.  I would look at the previous sales and find other properties that have been flipped or bought in cash and contact them directly.  If they are buying around the area its likely they would be interested in such property. 

 

May 16, 2022 08:35 AM
Rainer
357,960
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

bone fire waiting to happen.

May 16, 2022 08:11 AM
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