This property at 22 Hulse St, Wallkill, NY, is a 2-bedroom, 1-bath ranch-style house needing a complete renovation. Given its age and condition, the potential for flipping hinges on the extent of work necessary. The average price per square foot in the area is around $241, significantly higher than the current listing price of $131 per sqft, suggesting good profit margins if renovated effectively.
To maximize flip potential, prioritize essential renovations including kitchen and bathroom updates, modernizing electrical systems, and enhancing curb appeal. Given the neighborhood's average sold prices range from $323K to $425K, a well-executed renovation could yield a significant return on investment. Ensure to conduct a detailed cost analysis before proceeding.