www.InvestorsGoldmine.com |3/2.5 BATH, LAKE-FRONT HOME, DELTONA (32738) 105K | ARV $189

www.InvestorsGoldmine.com

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3/2.5 BATH, LAKE-FRONT HOME, DELTONA (32738) 105K | ARV $189

$104,000 3 bd, 2.5 ba, 2009 sqft

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   Property overview, it seems like investment opportunities anywhere near the 50psf mark have either become a distant memory, or when they can be located, they are massively distressed mess that should be demolished, considering the subject property is selling at one of the lowest prices in Deltona over the last 6 months, has undergone several large scale improvements recently, and the house three doors down just sold to a cash buyer for 95psf, this property proves that a needle can still be found in the proverbial haystack.

Property features include, newer metal roof, updated windows, cedar siding, vaulted ceilings, partially updated bathrooms, tile floors downstairs, a newer hot water heater, and a newer central AC system.  The back porch was enclosed and can either be brought under air for additional square footage, or turned back into a porch.

Rent Rehab: 15k-20k
New kitchen, appliances, sheetrock repairs, paint, flooring upstairs, and back porch repairs are recommended.

Flip Rehab: 25k-30k
New kitchen, SS appliances, one bath update, paint, flooring upstairs, back porch repairs, master suite side deck, and perhaps the expansion of the front porch.

Property Details

Price:

$104,000

Address:

2545 Sheffild Drive

City:

Deltona

State:

FL

Zip Code:

32738

Year Built:

1985

Terms:

For Sale

Property Type:

Home

Square Feet:

2009

Bedrooms:

3

Bathrooms:

2.5

Basement:

None

Const. Type:

Frame

Additional Features

Tax/Yr: 971.00 HOA: None Avg. Rent 1,195.00 Gross ROI: 7.0%

Call (407) 781-7312 for more details