Buy & Hold real estate opportunity in Altamonte Springs, sandwiched in between Panera Bread on 434 and Montgomery Rd, nestled in Mobile Manor. 2 Bed, 1 Bath, 728 sq ft mobile home on 5k sq ft lot. Property needs a full rehab, the cost may vary depending on the level of repairs completed and finishes used.
Please review photos, part of the subfloor (esp kitchen) is rotted. Needs pretty much everything and site cleanup. It is currently vacant. Comes with a block shed. Great potential as a rental or to sell on a land contract. Assignable contract, the seller is paying half of the closing cost so low closing costs to you.
ARV is around $65k
Market rent after repairs $750-800 per month
102 Midway Dr – 2004 mobile home, 3/2, 1201 sq ft sold for $95,000 in 32 days
181 Lakeshore Dr – 2018 mobile hole, 2/2, 800 sq ft PENDING at $79,900 in 57 days
169 Lakeshore Dr – 1968 mobile, 2/2, 720 sq ft newly renovated and listed for $79,900