Rehab / Notes

Textbook flip in Pensacola! Property is 2 stories and features 4 bedrooms and 2 bathrooms. It has a spacious layout and large bedrooms. It is conveniently located close to the airport and downtown Pensacola. It can be a perfect short term rental if rental income is desired. It is primed and ready for an investor's touch to bring back this thing to life. With limited inventory in the immediate area, this property will not last. Rehab:Roof: Shingle and Flat need to be replaced AC: Needs to be replaced (2006 year, central) Electrical: 125 AMPS, Cutler Hammer panel, CopperPlumbing: Some Pex that will need replacing. PVC Drain linesFull cosmetic rehab needed. Most windows are new but a few need replacing. One area has a few exterior cracks in the brick veneer that will need to be repaired but no known foundation issues.

Comps:

1908 University Drive - 3/2/2/1533ft- Sold 289.5k (2007 Built, smaller, original condition to build, $190/ft) 6500 Allyn Way - 3/2/0/1400ft - Sold 303k (fully updated, 1961 year, $216/ft)6318 jack Street - 4/2.5/0/1813ft - Sold 294.9k (1971 year, Clean, $162/ft) 2010 university St - 5/2.5/1/3578ft - Pending 399.9k (partially updated) - Agent confirmed property is under contract above list price.

CASH OR HARD MONEY ONLY!

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ACT FAST PROPERTY WILL NOT LAST!