If you’re in the market for a High Profit Winter Park Fixer Upper, then take a look at this 5 bedroom, 3 bath single family home located in Winter Park Pines, a highly desirable community in the heart of WINTER PARK.
It’s been harder and harder to find solid returns in the most desirable areas of Central Florida, but at $124.16 per sq ft, this represents the cheapest property that has sold in Winter Park Pines in over 2 years. Roughbeard Rd. is a nice, quiet circle, just far enough away from the major Winter Park Pines thoroughfares. At 2939 Sq/Ft, this jewel has plenty of room for a large family and a huge fenced backyard with a large pool. Excellent schools and a desirable neighborhood will make the resale process quick and easy. Off market deals in Winter Park don’t last long. So act quickly!
This property needs a Mid to Full renovation which should take 60-90 days to complete. The renovation would include modernizing the interior, and upgrading the kitchen and bathrooms. Once sold, this property would easily generate a 15% profit. Renovated properties in this community are taking an average of 40 days to go under contract and are selling for an average of $217 per Sq./Ft.
Hurry! Make an offer ASAP! Properties like this don’t last long.
As-Is Value = $481,996
Conservative After Repair Value = $626,007
Estimated Repairs = $73,475
WHOLESALE CASH PRICE =$364,900
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 $2,000 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.