This 1,064 sqft ranch-style home in West Haven, CT has moderate flip potential. Built in 1965, it's centrally located near the University of New Haven and features an open floor plan with hardwood floors. The property includes a 1-car garage and unfinished basement, offering room for value-adding improvements. At $244,900, it's priced below the neighborhood median of $324,500, suggesting potential for profit after renovations.
Consider a strategic renovation focusing on key areas to maximize ROI. Prioritize finishing the basement to add living space, and update the kitchen and bathroom to modern standards. Given the proximity to the university, marketing as a rental property could be lucrative. However, be mindful of renovation costs and market trends to ensure a profitable flip.