Priced at $159,000 vs a $300K ARV, a $141K spread. Three houses sit on one 14,479 sf lot in a super unique pocket with very low active inventory.
The main house is a 4 bed / 2 bath with extra space that could work as a fifth bedroom, plus a fire-damaged 2/1 and a 1/1. Combined 7 bed / 4 bath, 3,059 sf. About $65K rehab, driven by the fire-damaged second house.
Combined rent $3,500/mo. A smaller 4/2.1 at 3007 Havner Lane is pending at $245,000, and nearby sales closed $240K to $280K. FEMA Flood Zone X.
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