32825 4 bed 2 bath with Mother in Law

Orange County, Orlando, FL, 32825
Sold
Listed at: February 8th, 2024
Price
$249,900
ARV
$365,000
Gross Margin
$115,100
Sq. Footage
1587
Type
Single-Family
Parking
Driveway
Year build
1960
Lot size
0.19 acres
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

Great rental property or quick flip. In either scenario, you can make this two separate units with separate access, or with a flip, you could have a 5 bed/3 bath, with two bedrooms with on-suites. Lot of options here. Property is in decent condition but would take a bit of work to get it to two functioning units since the mother-in-law would need to be finished out. It's a unique one that will take some creativity but there are some solid cash flows to be had once it's completed. Seller said property was re-piped and septic was replaced three years ago. Roof is 2016.

Comps:

1558 Brookebridge Dr; Sold at $375k; 1,646sf; Set up as two units with the upstairs having its own separate entrance.

1408 Constantine St; Sold at $340k; 1,431sf; Another with an attached mother-in-law. It's smaller and was not fully updated.

1312 Melanie Drive; Sold at $345k; 1,556sf; 3/2; Full flip

-Call 407-890-7789 -Zenn Homebuyers, LLC, or an affiliate, has this property under contract and holds an equitable interest in this property. This advertisement is for the sale of this equitable interest and contract assignment. -Sold As-Is for Cash or Private Lender Only -$10,000 non-refundable deposit is due at the time of contract assignment or signing of contract with Zenn Homebuyers, LLC. -Properties are sold As-Is with NO inspection period; Inspections must be made prior to offer. -Buyer pays all closing costs for both buyer and seller sides of the transaction. -ALL information provided including costs, rehab estimate, rental rate/return projections, ARV, square footage, etc must be independently verified. ALL data is based on opinion and estimates of Zenn Homebuyers, LLC, actual figures may vary. Square footages are taken from public records. -Risk of Loss: Real estate investment is speculative in nature and there is a risk of loss. The recipient of this information should carefully consider whether such investing is suitable for them. -NON-REPRESENTATION: Owners, members, and or employees hold a real estate license in the State of Florida. Any and all information provided is done for strictly informational purposes.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Zach Mitchell

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