CALLING ALL SEASONED REHABBERS LOOKING FOR AN INCREDIBLE PROFITABLE LAKE MARY FIXER UPPER!!! If you’re in the market for a great Fix and Flip or a Fix and Rent property in a highly sought after area then take a look at this home 3/1 Lake Mary home with a fenced yard, workshop, and shed located in a desirable established neighborhood. The roof was replaced in 2006 and new A/C in 2017. There is the possibility of commercial zoning in the future. The Sunrail Station, City Hall, and Event Center are within walking distance. Also convenient to major roadways for an easy commute.
“As-Is” Value = $185,000
“AFTER-REPAIR” VALUE = $210,600
Estimated Repairs = $29,250
DISCOUNT WHOLESALE PRICE =$165,000
Close By Date: ASAP!
Access: Call For Access!
Recommended Repair
This property needs a Mid to Full renovation which should take 60-90 days to complete. Once completed, would easily generate a great profit. The kitchen needs updating including new appliances. The panel will need to be updated. The water heater is older but is working well. Some interior doors will need to be replaced. The interior and exterior need a fresh coat of paint and new flooring.
Turn the shed into a Man Cave/She Shed and you will get top dollar for this property!
Recent Comparables
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118 E GOODHEART AVE, LAKE MARY – Sold for $235,000
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271 N 1ST ST, LAKE MARY, FL 32746 – Sold for $242,000
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206 E FLOYD AVE, LAKE MARY, FL 32746 – Sold for $260,000
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.