Fire Sale near Lake Apopka – Valley Dr. Apopka Pending

  • $55,000
  • 2 beds
  • 1 baths
  • 1,188 sqft

This is an unbelievable opportunity to get a property only 3 houses away from Lake Apopka for under $60k. This is a fire sale but at this price the return on this investment could be huge.

Obviously this is going to require a full rehab due to the fire.  The property is solid block throughout and structure is sound. The right side of the house wasn’t burned but will need drywall and paint.  The roof is older but the trusses are not in need of replacement per the insurance inspector.

The property is a 1,188 SQFT 2/1 as it sits and if kept that way you will have an ARV of about $150k. However there is room to make this a 3/2 by adding a 2nd bathroom. This could potentially add about 100 extra heated SQFT (Please measure personally to verify). This would put the ARV in the $180k – $195k range.

Price:
$55,000
Address:
Valley Dr.
Apopka, FL 32703
Square Feet:
1,188
Lot Size:
.13 Acres
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1950
Basement:
$70,000+/-
Const. Type:
Block
MLS #:
$150k - $195k

Call (407) 678-0062 for more details

Property Location