Orlando Rental Property

Orange County, Orlando, FL, 32808
Sold
Listed at: July 23rd, 2024
Price
$190,000
ARV
$280,000
Gross Margin
$90,000
Sq. Footage
1102
Type
Single-Family
Parking
Carport
Year build
1956
Lot size
0.18 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Quick flip or rental here that will be delivered vacant. Block 3/2. Needs all cosmetic work but good house overall. Next door sold for $240k and it needed work. If done correctly, there is a very good comp at $290k.

  • 🏞️ Large 83 foot wide lot
  • 🔨 Seller said roof was replaced in 2018. Cannot find a permit.
  • 🥶 Window AC units; no central air
  • 🏡 There are also a lot of comps similar size going for well over $300k, shows the pricepoints you can get in this area for a smaller 3/2. 
  • 🚤 Yard is full of junk and we are not sure how much seller will be taking. Assume in your numbers it will come as it is seen in the pics. 
  • <<<<<<<<<<<<🎥 Reach out for Video Walkthrough>>>>>>>>>>>>

 💵 Comps:

  1. 817 FERGUSON DRIVE - Sold for $290k; 3/2; 1,222 sf; Nice rehab; no carport
  2. 910 PINEDALE AVENUE - Sold for $275k; 3/2; 1,296 sf; Fully updated
  3. 4125 LAKE LAWNE AVE - Sold for $270k; 3/2; 1,107 sf; Updated but not very nice.
  4. 4520 LAWNE COURT - Active at $289k; 3/1; 1,168 sf; Fully updated
  5. 4400 GEORGETOWN DRIVE - Pending at $275k; 3/1.5; 1,225 sf; Partially updated
-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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Disposition manager