Rent-tastic-o-rama: ๐Ÿก Pensacola Deal - Minimal Updatesl!

Escambia County, Pensacola, FL, 32503
Sold
Listed at: January 4th, 2023
Price
$123,000
ARV
$225,000
Gross Margin
$102,000
Sq. Footage
1044
Type
Single-Family
Parking
Driveway
Year build
2000
Lot size
0.11 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

๐ŸŽฉ ๐Ÿก ๐Ÿ’ฐ๐ŸŽฉ ๐Ÿก ๐Ÿ’ฐ๐ŸŽฉ ๐Ÿก ๐Ÿ’ฐ๐ŸŽฉ ๐Ÿก ๐Ÿ’ฐ๐ŸŽฉ ๐Ÿก ๐Ÿ’ฐ

Many Ways To profit on this deal

  • AirBnB this house for $120-$180 nightly ($5,400 per month!)
  • Add it to your long term rental portfolio, average rents in the area go up to $1,457/month!
  • Do a quick rehab -- update roof and carpet then put it back on the market and resell for market price! Not a lot to do on this one!! Easy Peasy In & Out


PROPERTY SPECS

  • 3 Bedrooms
  • 1 Bathroom
  • Driveway Parking
  • 1,044 Sq Ft
  • Lot Size: 0.105 acres
  • Built 2000 ๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ
  • Vacant
  • Roof: Gable (12 years old)
  • A/C/Heat: Central (replaced 3 years ago)
  • Exterior - Vinyl Siding & Windows
  • Kitchen Cabinets needs repairs
  • Porch: Yes
  • Attic: Yes
  • Basement: No
  • Rent Zestimateยฎ: $1,494
  • School District: Escambia County School District
  • Subdivision Name: East King Tract
  • HOA: None
  • Property Tax: $1,530 / year


COMPARABLE SALES

  • 1010 W Lloyd St - Sold for $245,000 on 6/8/22
  • 1030 E Maxwell St - Sold for $240,000 on 10/3/22
  • 815 W La Rua St - Sold for $269,000 on 7/15/22
  • 2304 W Yonge St - Sold for $180,000 on 6/28/22
  • 1921 N 8th Ave - Sold for $300,000 on 2/22/22
  • 509 E Scott St - Sold for $223,000 on 11/2/22
  • 2617 N 6th Ave -Sold for $220,000 on 1/03/2023


PURCHASE PRICE - $123,000

After Repair Value - $225,000

Light/Easy REHAB 


CHECK OUT THE WALK THROUGH VIDEO BELOW ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract (w/ equitable interest) with the seller of the property. I am not the owner of record.I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to ezREIclosings for transaction coordination.
Videos

2515 N 7th Ave Walk Through

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

David Olds

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Disposition manager