Great potential for a Fix & Flip, Block Home with good structure in need of a FULL/Heavy RENO possible gut job down to the studs, interior bones are still in good shape. This property offers a potential $175-200k Gross Spread with even more profit capability if you add some additions, currently is a 2/2 and can be converted into a 3/2.
The roof and trusses need to be replaced, and all major cosmetics and interior updates. The estimated rehab budget $75-80K. ONLY experienced investors on this one, not a job for a first time flipper. Don't miss to seize this opportunity before it slips away! Act now before it becomes SOLD.
Property Details 🏡
Rehab Level: Heavy (Possible gut down to stud Job)
Need Full cosmetic renovation
Construction: Stucco
Electrical Panel: Needs to be replaced
Air Conditioner: Needs to be replaced
Roof: Need to be replaced including the TRUSS
Foundation: Slab
Occupancy: Vacant ( call for access )
EMD: $7,500
COE: 08/30 or sooner
Title company: Monument Title & Escrow
Points of interest:
Just a mile away from Downtown New Port Richey
Near Gulf high school
2 miles to James E. Grey Preserve
3.5 miles from the water and Robert K Rees waterfront park
Comps💹:
6007 Cecelia Dr, New Port Richey, FL 34653
3 bd 2 ba 1344 sqft
Sold $298,900S on 03/08/24
5049 School Rd, New Port Richey, FL 34653
3 bd 2 ba 1310 sqft
Sold $295,000 on 06/28/24
6046 Cecelia Dr, New Port Richey, FL 34653
3 bd 2 ba 1310 sqft
Sold $284,000 on 04/01/24
Transaction Details
• Properties are sold AS-IS with NO inspection period, Seller nor Assignor offers any warranties - Please Inspect first.
• Site-unseen offers are always prioritized.
• All offers are Cash, Hard Money, or Private Lender Only.
• Deposits for all properties are non-refundable.
• The deal is not final until EMD is received.
• Buyer pays all closing costs for buyer and sellers.
• Must close with the assignor's/ seller's title company.
• Realtors add your commission fee on top.
• Transactions with Wholesalers are on a case-by-case scenario please contact the office first for details.
Important Notes
NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING THE SELLER.
• Wholesalers under no circumstance are NOT allowed to remarket the property on any social media website like FB, IG, or any other site without written company consent first, if found will be reported and blacklisted from any future deals and possibly removed from Investorlift altogether.
• The seller has an equitable interest in this property and is advertising the sale of this contract.
• Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion ACG Home Offers actual repair cost, rent, and/or ARV may vary.
• ACG Home Offers is not a licensed contractor or appraiser.
• Taxes, Insurance, and Closing Costs are estimates. Actual cost may vary.
ACG HOME OFFERS
CALL/TEXT WILL AT (813) 385-2067
YOU CAN ALSO EMAIL US AT PROPERTIES@THEACGTEAM.COM
Disclaimer: This company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Our mailing address is:
PROPERTIES@THEACGTEAM.COM
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