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www.InvestorsGoldmine.com | 4/2.5 BATH, POOL, BRICK HOME, WINTER PARK, 420K | ARV 700

www.InvestorsGoldmine.com 4/2.5 BATH, POOL, BRICK HOME, WINTER PARK, 420K | ARV 700 $419,900  4 bd, 2.5 ba, 3050 sqft ...

Showing posts with label foreclosure. Show all posts
Showing posts with label foreclosure. Show all posts

Tuesday, September 13, 2016

www.InvestorsGoldmine.com | 2/2, BIG LOT, COLLEGE PARK HOME (32804) 220K | ARV 330

www.InvestorsGoldmine.com

2/2, BIG LOT, COLLEGE PARK HOME (32804) 220K | ARV 330

$219,900 2 bd, 2 ba, 1622 sqft
Property overview, great value can be found in this adorable home in the historic Dubsdread Golf District, and with nearly 200 homes selling in the greater College Park area in the last 6 months, this home would be within the cheapest 9% to have sold based on price per square foot, and with just some cosmetic rehab, you will have a move in ready residence with the ability to make you $1600+ a month in rent; however, with homes in the area selling for an average of over $200 a square foot, there’s enough upside for a flip.  If you’re feeling ambitious, you can convert the attached garage into additional square footage and add instant value to the home.  Situated on an oversized 75’x150′ lot, the land affords the flexibility for a future new construction project as well.  Brassie Dr is already home to several new construction houses, including a modern, 4500sqft brand new home 2 doors down, ith the green of Dubsdread’s course, a mere few feet from your driveway, this home is a no brainer for the savvy investor.
Property features Include, spacious floor plan with separate living, family and dining room, wood floors, hardy board siding, large kitchen, newer windows, 1 car garage, architectural shingle roof, textured walls and ceilings, and an expansive quarter acre fenced in lot.
Rent Rehab: $15-17k
Paint, wood flooring restoration, minor kitchen updates and appliances, bathroom repairs, fixtures, and misc cosmetics are recommended.
Flip Rehab: $30-40k
Kitchen and bath renovation, paint, flooring, landscape package, new electrical panel, fixtures, brick paver driveway and misc cosmetics are recommended.

www.InvestorsGoldmine.com | 4/2.5 BATH, POOL, BRICK HOME, WINTER PARK, 420K | ARV 700

www.InvestorsGoldmine.com

4/2.5 BATH, POOL, BRICK HOME, WINTER PARK, 420K | ARV 700

$419,900 4 bd, 2.5 ba, 3050 sqft
Property overview, with tear downs in the area selling for upwards of 600K, and remodeled homes consistently selling for more than 250psf, this deal really stands out as a once a year opportunity. Located just a few doors down from several million dollar lake homes, and only minutes to Baldwin Park and Park Avenue, this home was recently rented for 3500/mo and could easily be rented again with a fresh coat of paint or it could be flipped with just a minor face-lift to bring out the potential and the profit.
Property features include, newer architectural shingle roof, wood burning fireplace, updated kitchen with all SS appliances included, nicely maintained bathrooms, wood and tile floors throughout, crown molding, plantation shutters, and three fully intact central AC systems.  There is also a gorgeous pool and Chicago brick patio that were installed in 2008.
Rent Rehab: 4k-5k
Interior Paint, and minor cosmetics are recommended.
Flip Rehab: 40k-50k
Expand kitchen, update bathrooms, update downstairs bonus area, new windows, paint, floors, fixtures, and clean up landscaping are recommended.

Property Details

Price:
$419,900
Address:
1832 Whitehall Drive
City:
Winter Park
State:
FL
Zip Code:
32789
Year Built:
1958
Terms:
For Sale
Property Type:
Home
Square Feet:
3050
Bedrooms:
4
Bathrooms:
2.5
Basement:
None
Const. Type:
Brick

Additional Features

Septic/Sewer: Sewer Built: 1958 Tax/Yr: 7,300.00 HOA: None Avg. Rent 3,495.00 Gross ROI: 10.1%

Call (407) 781-7312 for more details