If you’re in the market for a Quick Flip Winter Springs Fixer Upper then, take a look at this 4 bedroom, 1 bath single family home. It’s located in North Orlando Townsite community located in Winter Springs. North Orlando Townsite mostly features cozy homes that are very reasonably priced. This is a well-established community that continues to attract interest from buyers looking in the Winter Springs area. Properties of this size and in this community typically rent for $1300/month.
“As-Is” Value = $180,263
“AFTER-REPAIR” VALUE = $230,000
Estimated Repairs = $43,170
DISCOUNT WHOLESALE PRICE =$154,900
Close By Date: ASAP!
Access: Call For Access Info.
Recommended Repairs
This property needs a Mid to Full renovation which should take 60 days to complete. Once completed, this property would easily generate a 10% profit. Renovated properties in this community are taking an average of 31 days to go under contract and are selling for an average of $169 per Sq./Ft.
Recent Comparables
- 415 DAVID ST. (This is an Non-Renovated Comp. that SOLD for $229,000 in 22 Days)
- 406 GEORGE ST. (389 Sq. Ft. Smaller but Fully Renovated Comp., SOLD in 6 Days for $200,000. $190 per Sq. Ft.)
- 226 Bennett St. – (389 Sq. Ft. smaller and fully renovated. SOLD for $198,000)
- 207 Albert St. – (Similar Sq. Ft. and in decent condition. SOLD for $195,500 in 12 days)
- 512 George St. – (Not renovated but in good condition. 324 Sq. Ft. smaller and SOLD for $185,000)
- 229 Sherry Ave. – (335 Sq. Ft. smaller, NOT renovated, but SOLD for $185,000 in 3 days)
- 500 George St. – (316 Sq. Ft. smaller, NOT renovated but SOLD for $173,000 in 14 days)
- 216 Bennett St. – (319 Sq. Ft. smaller and not renovated but SOLD for $165,000 in 11 days)
- 600 David St. – (Non Renovated comp. SOLD for $165,000 in 5 days. Only 1145 Sq. Ft.)
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 $3,000 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! Call today and make us an offer on this great money-making property!