Deland $37,900 | Heavy Rehab| ARV $108,000
Property overview, even though the scope of rehab on this distressed asset can appear daunting, the fact that there have only been (4) SFH’s to sell for less this year (out of 645 sales) throughout the entire city of Deland, with cash sales in the same subdivision closing upwards of 90K, the investor dedicated to renovating this diamond in the rough will essentially have a brand new home afterward, and plenty of equity.
Property features include, almost everything has been stripped from this home, leaving a blank canvas from which to use your imagination. There are two bonus rooms that could be converted into a master suite, turning this home into a 3 bedroom, 2 bath, yielding either higher rent, or a higher resale price (ARV).
Rent Rehab: 25k-30k
Low grade, full update is recommended.
Low grade, full update is recommended.
Flip Rehab: 40k
Updates throughout are recommended.
Updates throughout are recommended.
Property Details
- Price:
- $37,900
- Address:
- 8800 Latrec Ave., #9108
- City:
- Deland
- State:
- Fl
- Zip Code:
- 32724
- Terms:
- For Sale
- Property Type:
- Home
- Square Feet:
- 1012
- Bedrooms:
- 2
- Bathrooms:
- 1
- Const. Type:
- Block
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