www.InvestorsGoldmine.com | COLLEGE PARK, 2/1/1 BLOCK HOME, 180K | ARV239K

www.InvestorsGoldmine.com

COLLEGE PARK, 2/1/1 BLOCK HOME, 180K | ARV239K

$179,900 2 bd, 1 ba, 1098 sqft

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    Property overview, his super cheap tenant occupied concrete block home is currently being offered at a 20K discount, compared to the least expensive available home inside College Park proper, and 60k cheaper than the least expensive home on a similar sized lot, 50 x 150 zoned R2, and with new construction seemingly popping up on every street in 32804, this could be a great buy/hold opportunity with future development potential.  The current tenant is a family member paying below market rent – 700/mo.

Property features include, 6 month old architectural shingle roof, a well-preserved kitchen with all appliances included, nicely maintained bathroom, wood, and tile floors throughout, newer hot water heater, and a fully intact central AC system.  There is also an old attached garage that has been converted into 240sf of storage.

Rehab: 10k-15k
Update kitchen, paint, and other miscellaneous cosmetics are recommended.

Property Details

Price:

$179,900

Address:

129 E. King Street

City:

Orlando

State:

FL

Zip Code:

32804

Year Built:

1951

Terms:

For Sale

Property Type:

Home

Square Feet:

1098

Bedrooms:

2

Bathrooms:

1

Basement:

1 Car Garage

Const. Type:

Block

Additional Features

Septic/Sewer: Sewer Built: 1951 Tax/Yr: 2,936.92 HOA: None Avg. Rent 1,100.00 Gross ROI: 7.0%

Call (407) 781-7312 for more details