Great Off-Market flip or rental opportunity priced to sell quickly and works like a flip or rental. Long term elderly owner. Solid block home in solid condition but needs cosmetic updates and most likely a rewire. New roof in 2013 and the AC is from 2009. Mostly newer windows. Newer Pex Plumbing. Overall well-kept home but recently fell into decline due to owners poor health. Needs cosmetic updates, rewire, lot cleanup, and trash out. Family is clearing out belongings this week but will be available to show on appointment only until the family has removed what they want. The remaining stuff will be left and need to be trashed out by the new buyer. Check out the comps below. A much worse condition REO sold for $130k. Currently 3beds/1bath, with enclosed carport, a carport could be converted to master bed and bath to make this a 4/2 like the comp below that sold for $216k. Market rent is around $1350 and only needs a good cleanup and minimal rehab to get in rental condition.
1911 ROSE BLVD: 4/2, 1270sqft, finished carport, nice rehab, sold for $216k in 20 days
2221 PINEWAY DR: 3/2, 1058sqft, finished carport, new rehab, Sold for full asking price $175k
2023 PINEWAY DR: 3/1.5, 1352sqft, finished carport, lipstick rehab and still somewhat dated, Sold $171k
2303 WASKULLA WAY: 3/2, 1232sqft, single car garage, Poor condition REO, Sold for $130k in 14 days