Property Description:
Everyone is looking for the next place that is blowing up. This is that for sure. The numbers tell the story. Being in the business sometimes it’s hard to wrap your head around it. This can be a fix and flip tricked out the numbers look like the sky’s the limit.
4 Bedroom 2 Bath house, 1404 SqF, built in 1990, Wood frame / stucco construction, concrete slab foundation
Heavy lifting big ticket items are done:
New Roof, New Windows, New AC
Rehab is heavy cosmetic: finishing drywall, interior paint, flooring, kitchen and bathroom upgrades.
This home’s appeal is a diamond in the rough now. Nice corner lot with newly built homes nearby, nicely remodeled houses across the street. The front side neighbor is a beautiful assisted living facility. The downtown Orlando area continues to further encroach into this neighborhood rapidly driving up demand and prices.
Location: 24th Street, Orlando, FL 32805 (By appointment only)
Conveniently located on the fringes of downtown Orlando, the infrastructure places this home perfectly within walking distance of bus lines and shopping.
Investment Potential: Priced competitively at $250,000 this property presents an excellent investment opportunity as a wealth building buy and hold, a fix and flip quick turn, or the new pad split scheme with high income potential as affordable housing continues to be an issue.