Emma Browne Rehab Deal


Emma Browne Rehab Deal

Momentum Holdings in Holbrook, MA
Emma Browne with Alex Browne (Husband)

We found this property on the MLS it was a bank-owned property and had been on the market for a long time probably because it was only 550 sq ft!!. We had 2 lenders pull out a few days before closing but luckily we found a local lender who was able to help us close. We had to do a lot more than we expected in this project and it ended up being a full gut, new insulation throughout, sister the floor joists throughout the property, removed a wall between the existing living room and only bedroom, and changed the layout to create 2 bedrooms and an open plan kitchen/living space we added a new deck off the kitchen. We added a murphy bed to create a multi-function room, plus a murphy door into the mechanical closet for additional storage.

Rehab Details

Property City: Holbrook
Purchase Price: $120,100
Repair Costs $80,000
Sale Price: $295,000

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Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

We used the scope of work and 6 critical documents of this project and they were really helpful!

Before & After Photos