409 E Miller Street, Arcadia, NY 14513

Property Description

Finally, an investment property where the purchase price isn’t competing with the renovation budget. Welcome to 409 Miller Street, a classic Newark home where many of the big-ticket items have already been handled, leaving the next owner with an opportunity to focus on cosmetics, updates, and value creation. Featuring replacement windows, a newer roof, a high-efficiency furnace, and a newer water heater, this property offers a head start that’s becoming harder and harder to find at this price point. Inside, you’ll find almost 1000 square feet of potential, including 2 bedrooms, 1.5 baths, spacious living areas, original character, and a floor plan ready for its next chapter. Yes, the upstairs bathroom could use some love. Let’s just say it’s currently more “before” than “after.” But that’s where the opportunity lives. Whether you’re looking to flip, renovate and rent, execute a BRRRR strategy, or purchase with a rehab loan and build instant sweat equity, this property checks the boxes. The numbers work, the major mechanicals are in place, and the price leaves room for improvements. At $59,900, you may not be able to put it on your credit card… but you’ll probably check your limit just to see. Why You’ll Love It: • Newer roof, replacement windows, high-efficiency furnace, and newer water heater • Strong candidate for a flip, rental, BRRRR, or rehab-loan project • Affordable entry point with significant upside potential.