www.investorsgoldmine.com | 3/2 BLOCK HOME, DOWNTOWN ORLANDO (32806) 123K | ARV 199K

www.investorsgoldmine.com

3/2 BLOCK HOME, DOWNTOWN ORLANDO (32806) 123K | ARV 199K

$122,900 3 bd, 2 ba, 1162 sqft

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   Property overview, located in the highly coveted Boone High School District, this is a great opportunity to purchase the second cheapest property available in the entire 32806 zip code, out of the 486 homes that have sold in the last 12 months, this diamond in the rough would be among the cheapest 12% of homes to sell, with a basic renovation you can create a rent ready home, with plenty of equity, getting you $1200-1300 a month in rent; however, with 2 bedroom homes in the immediate area selling for an average of $200/square foot, there is plenty of room for an investor to make a decent profit.

Property Features, block construction, re-roof completed in 2013, tile and wood floors throughout, newer windows, private fenced in backyard.

Rent Rehab: 15k
Paint, kitchen renovation, bathroom updates, flooring restoration, misc cosmetic repairs are recommended.

Flip Rehab: 30k
Paint, flooring, kitchen renovation, bathroom renovation, central a/c installation, landscape package, misc. cosmetics are recommended.

Property Details

Price:

$122,900

Address:

2020 Hand Blvd.

City:

Orlando

State:

FL

Zip Code:

32806

Year Built:

1953

Terms:

For Sale

Property Type:

Home

Square Feet:

1162

Bedrooms:

3

Bathrooms:

2

Basement:

None

Const. Type:

Block

Additional Features

Septic/Sewer: Sewer Built: 1953 Tax/Yr: 1,279.00 HOA: None Avg. Rent 1,250.00 Gross ROI: 10%

Call (407) 781-7312 for more details