Nice Off-Market Block home in Mascotte ready for a full rehab and flip or minor touchups and keep it as a rental. The property was build in 2003 and in overall decent condition but needs touchups and deep cleaning for a new tenant. Priced about $25k below current MLS value, so you are getting a nice discount on this one.
The house next door was rehabbed and sold for $180k, and the house cadycorner was clean but dated and sold for $175k. You should be able to get away with new paint, new carpet, a deep cleaning, some new fixtures, and other minor repairs and get a price in the $170k’s. According to the comps, you shouldn’t need to do a full rehab to get in the $170k range.
Nothing in the neighborhood has sold for under $170k in the last 6 months, and only the only Active house in the neighborhood is in similar condition but cleaner and listed at $179,900 for 7 days now.
This off-market house place is heavily discounted so act quickly!
Minor Repairs for an ARV in the $170’s: Paint, new carpeting, deep clean, pressure washing, minor stucco patching, repair 5-6 cracked tiles, trash removal, service AC (It works). The roof is architectural shingles and in pretty solid condition. The owners have agreed to get a dumpster and remove the majority of the junk/trash in the house, but I’d expect some to be left.
250 Ashley Rd, Mascotte: 3/2, 1267sqft, built 2003, clean but dated with all original finishes. Very similar to the subject property but this one is the cleaner and slightly better condition. Should be able to get the subject property in this same condition for $5k-$10k depending on how far you go.
222 Ayrshire Pl, Mascotte: 3/2, 1123sqft, nice full rehab, sold in 1 Day for $180k which was $1100 over list price. (Seller obviously priced this house too low).
215 ASHLEY RD, MASCOTTE: 3/2, 1194sqft, built 2002, clean but nothing special, sold in 5 days for $5k over list price at $170k.
>>Owner-occupied. We will most likely do a group showing this week.