Orlando 3/2 Block - Great Rental or Rehab potential

Orange County, Orlando, FL, 32811
Sold
Listed at: August 24th, 2022
Price
$170,000
ARV
$300,000
Gross Margin
$130,000
Sq. Footage
1278
Type
Attached
Parking
Assigned
Year build
1962
Lot size
6379.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary


 Orlando, FL 32811


Great Rental or

Rehab Opportunity


Lots of Renovation Potential


Great property in Orlando with lots of upside and investor opportunity. Property is in good overall condition, needs a full rehab to retail, has new roof with permits. Rental comps are solid in this area at $1,800+ mthly rent. Would make a very good rental or rehab depending on investor objectives, you choose.

 

Orlando, Florida GEM

  • 3 bedrooms
  • 2 baths
  • 1,278 SF.
  • Lot size 6,379 SF.
  • Block house built in 1962.

 

Bottom Line

  • New Roof with permits
  • Great rental or rehab Investor opportunity!
  • Nice Lot and great area!
  • Needs a full rehab to retail.
  • Estimated $30k in rehab costs
  • You get to chose - Fix & Rent or Fix & Sell
  • Selling as an As-Is property.

 

Area Comps

  • 3823 Wells St. - $268k - 1,044 sqft, smaller - Sold 5/2022
  • 3706 Johnson St. - $278k - 1,042 sqft, smaller - Sold 7/2022
  • 3400 Wells St. - $249k - 1,172 sqft, smaller - Sold 6/2022


Area Rental Comps

  • 1620 Guinyard Way - 3/2 1232 sqft - $1,800 Rented 3/2022
  • 4455 Wheatley St. - 3/1.5 1,038 sqft - $1,900 Rented 6/2022
  • 2151 S. Ivey Ln. - 3/2 1,080 sqft - $1,725 Rented 8/2022
  • 2030 Fiesta Ct. - 3/1.5 1,100 sqft - $2,125 Rented 8/2022

 

Potential ARV $300,000

 

Sold "AS-IS"

Asking $175,000


Thanks,

Zac


Cell# (813) 797-4945


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

James Watson

No reviews

Disposition manager