🤑🫰Your Next Flip or Rental! - OCALA FL🫰🤑

Marion County, Ocala, FL, 34471
Sold
Listed at: April 26th, 2024
Price
$150,000
ARV
$250,000
Gross Margin
$100,000
Sq. Footage
1503
Type
Single-Family
Parking
Attached Garage
Year build
1979
Lot size
0.24 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Property Details: (Full Inspection Report available Upon Request) 

Features:
✅ Roof: 2017
✅ AC: 2017
✅ Electric Water Heater: 2017
✅Electric: 200 Amp Siemens
Lot Size: 10,454 sqft, 
✅Corner Lot
Construction: Concrete Block Strucco (CBS)
✅Rent Rate: $1500-$1700
✅ Closing Date: 05/25/2024
✅ Property is VACANT 

Upgrades Needed:
❌The 220 oultlet and a regular outlet are too close to water valves of the washer.
❌ Minor Sofit/Fascia Work
❌ Exterior Paint
❌Minor Drywall Repair/Replacement
❌New Flooring
❌Interior Paint
❌New Appliances
❌ 1 Cracked Window

Investment Strategies:

✅ Buy and Hold: Won't need much to start collecting $1700 to $1900 per month. This property offers excellent potential for steady rental income.

✅ Fix and Flip: Opportunity to rehab and resell for a profit.

✅ Buy & Relist:  2042 SW 2nd St just sold on market in the same condition (or worse) for $205,000
offering potential to make 25k-30k w/out doing anything to it. (0.5mi away)
There is an active Flip on this same street listed at $275,000 

Location Benefits:

Located in Ocala, FL, a thriving community with a strong real estate market and growing demand for both rental properties and first time home buyers.

Convenient access to amenities, schools, parks, and major transportation routes.

Don't miss out on this incredible investment opportunity! Whether you're looking to build your rental portfolio or flip for profit, SW 5th St is the perfect canvas for your investment vision.

Contact us today to schedule a viewing and explore the potential of this property!

ARV: $250,000
CC&C: $23,000
Reno: $30,000
Price: $150,000
______________
$47,0000

Videos

Walkthrough

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Marsh

No reviews

Disposition manager