Excellent investment opportunity in Orlando! This 4-bedroom, 2.5-bathroom property offers approximately 1,800 square feet of living space on a spacious 8,400-square-foot lot.
Located near Goldenrod Road and Colonial Drive, the property provides convenient access to Downtown Orlando, Full Sail University, major employment centers, and the 408 and 417 Expressways.
**Investment Highlights:**
* Concrete-block construction.* Desirable 4-bedroom layout.* Spacious lot with no HOA.* Strong potential for a complete renovation.* Comparable renovated properties supporting an estimated $350K ARV.* Aggressively priced for experienced investors.
REPAIRS REQUIRED
**Estimated Total Rehab: $175,000**
The property requires extensive renovations, including structural remediation associated with known sinkhole damage.
**Anticipated Scope of Work:**
* Sinkhole investigation, engineering, and structural remediation.* Extensive interior renovation.* Kitchen and bathroom renovations.* Flooring, drywall, and interior finishes.* Electrical and plumbing repairs or upgrades as needed.* Roof and HVAC evaluation.* Exterior improvements and landscaping.* Required inspections and permits.
The $175K renovation allowance includes an assumed budget for sinkhole remediation and a comprehensive renovation.
**Important:** Structural remediation costs and the final scope of work must be verified by a qualified engineer and licensed contractors.
Based on these comparable sales, the property's estimated after-repair value is **$350,000**, assuming complete renovation and successful structural remediation.
