CALLING ALL SEASONED INVESTORS LOOKING FOR AN AWESOME E OFF-MARKET ORLANDO FLIP OR RENTAL!!! If you’re in the market for a great Fix & Flip or Fix & Rent investment property, then take a look at this 3 bedroom, 2 bath, 1524 Sq, Ft single family property in the heart of the city beautiful. This concrete block home is walking distance to Camping World Stadium where the Florida Classic, Monster Jam, Orlando City Soccer and more take place and is sitting on .31 acres. The home is currently tenant occupied on a month-to-month basis and tenant is currently paying $500 a month . If you’re looking to Fix and Rent this property, the property will easily rent for $1400/month.
“As-Is” Value = $140,000
“AFTER-REPAIR” VALUE = $200,000
Estimated Repairs = $38,100 – $45,720
DISCOUNT WHOLESALE PRICE =$110,000
Close By Date: 11/27/2020
Access
This property may have to be sold “Sight Unseen” as the tenant is currently not allowing access for walkthroughs due to COVID concerns.
Recent Comparables
- 1411 42nd St. – (Renovated. SOLD for $200,000 in only 4 days!)
- 1613 37th St. – (Only 1,100 Sq. Ft. but SOLD or $180,000 in 15 days!)
- 4104 S Nashville Ave. – (Renovated. Only 1175 Sq. Ft. but SOLD for $179,900 in 20 days!)
- 1403 42nd St. – (Modest renovations but SOLD for $179,000 in 36 days)
- 3818 Auburndale Ave. – (Modestly renovated and only 1054 Sq. Ft. but SOLD for $162,000)
Terms
This property is available via our “Assignment Program”. We have entered into a purchase contract with the current owner to buy the property. We will sell our equitable interest in this contract to a third party via assignment for a fee. A local, reputable title company and/or attorney will be enlisted to handle the closing and transfer of title.”
All properties are sold for cash or hard money on a “First Come, First Served basis”. Buyers responsibility to do your own due diligence and verify all information. Prices are NET to seller with buyer paying all closing costs, including any Agent/Broker commissions. Opinions of value/rents are given as a courtesy and no guarantees are expressed or implied. A minimum of $5,000 deposit and fully executed assignment agreement required to secure the property. Our properties move fast so contact us quickly if you have an interest in purchasing this property.
Hurry! To make us an offer ASAP! Properties like this don’t last long.