🏚 OFF MARKET PENSACOLA 3/2 CBS 1/4 ACRE LOT HIGH RENTAL YIELD POTENTIAL - A HIDDEN GEM WITH HUGE POTENTIAL!🔥

Escambia County, Pensacola, FL, 32505
Sold
Listed at: July 24th, 2023
Price
$80,000
ARV
$245,000
Gross Margin
$165,000
Sq. Footage
1728
Type
Single-Family
Parking
Street
Year build
1958
Lot size
0.21 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Rehab Description: For a rental or a flip, a cosmetic rehab is recommended. Kitchen, Bathrooms and Floors should be updated. The roof needs to be addressed and so does the HVAC. Drywalls need to be touched up and a fresh coat of paint needs to be applied to both interior and exterior.

  • Potential ARV: $240,000 - $255,000 depending on scope of work
  • Estimated Rehab: $45,000 - $55,000 depending on scope of work
  • Comparable Rent: $1,900 - $2,100 
  • EMD: 5k
  • Close Of Escrow: 08/18/2023

Features: Calling all real estate investors! Here's an incredible opportunity to acquire a cozy 3-bedroom, 2-bath home on nearly a 1/4 acre lot. With solid concrete block construction and potential for a high rental yield, this property is a hidden gem waiting to be discovered. Although it needs some TLC, it offers ample room for parking and features central heat, double-pane windows, and a wood-burning fireplace. Sold "AS IS," it comes with a Vivant alarm system for added security. Inside, you'll find 1,728 sqft of living space, including unfinished basement, carpet and linoleum/vinyl flooring, and wall/gas heating. Don't miss this chance to invest in a promising property with huge potential!

Attention real estate investors! Discover a charming 3-bed, 2-bath home with solid concrete block construction on almost a 1/4 acre. This property offers excellent rental prospects, requiring some TLC but brimming with possibilities. It boasts ample parking space, central heat, double-pane windows, and a wood-burning fireplace. Sold "AS IS," it includes a Vivant alarm system for added security. Inside, enjoy 1,728 sqft of living space, an unfinished basement, and carpet/linoleum/vinyl flooring with wall/gas heating. Seize this opportunity to invest in a property with immense potential!

Important Details: PROPERTY IS NOT VACANT, SQUATTERS ARE PRESENT. MUST PURCHASE SIGHT UNSEEN.

NEXT STEP!? Click the WIN IT NOW button on and SKIP TO THE FRONT OF THE LINE, UPLOAD YOUR POF, LOCK IT UP! CALL, TEXT ( 561) 758-8238, or CLICK PROPERTY INQUIRY FOR MORE INFO!! Not what your looking for? Check out our website for all our current inventory, https://as-is-houses.com Or email crystian@maxhomesolutionsfl.com with the criteria of what you are looking for and our team will use our network and resources to find the right property for you. HAVE A DEAL YOU NEED TO SELL? CASH BUYERS WILL CLOSE IT! DISCLAIMER: As-is sale. Seller/Assignor makes no warranties. Assignable contract of equitable title. Buyer to pay all closing costs, escrow/title fees. Buyer to perform their own due diligence prior to assignment. A purchase and sale agreement with memorandum has been signed with the Seller giving Max Home Solutions the exclusive right to purchase said property. We are NOT brokers, do not represent the seller and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. We do not give the right to market this property without our written consent.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Eric James

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Disposition manager