Flip report generated Feb 1, 2025
The Flip Potential of
350 Woolen St NE Cleveland, TN
is high.
Current Specs
1 Bed / 1 Bath
660 sqft
$106 per sqft
Estimated Value$70,000
Flip Advice
The property at 350 Woolen St NE, Cleveland, TN, shows some potential for flipping, especially since it's priced at $70K against the neighborhood's median valuations, which hover around $95K to $180K for similar homes. However, its small size (660 sqft) and limited bed/bath count may restrict its appeal to a wider market segment.
Consider minor renovations that modernize the space without extensive investment. Focus on enhancing curb appeal and updating key areas like the kitchen and bathroom, as these improvements can yield a good return. Given the current tenant occupancy, you might want to evaluate whether to keep it as a rental or sell outright after some upgrades.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.