Mobile Home on 1/2 Acre Lot in East Orlando – Shelly Ave Orlando Sold

  • $58,000
  • 3 beds
  • 2 baths
  • 1448 sqft
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3bed, 2 bath, 1448sqft Mobile home on 1/2 acre lot in East Orlando.  Tenant just moved out of the mobile home and left a mess but the home can be repaired and updated for a nice profit as a flip or kept as a rental.  Newer well pump and equipment.  Newer metal roof on mobile home.  Needs trashed out, lawn cleanup.

Mobile home needs: flooring, paint, drywall repairs, new fixtures, etc.  Kitchen could be partially salvaged for a rental, but you would want to replace it for a flip.  We are estimating $12k-$20k in repairs depending on if you flip it for a rental or resale.

Market rent after repairs is $900/m.

ARV is around $115k-$130k

Comps:

232 Wellon Ave: 1975 Mobile home, 600sqft, 2bed/1bath, 1.1 acres, fixed up in decent condition, Sold for $105,000

208 WELLON AVE: beat up 1973 mobile home on .75 acres sold for $70k in 2 days

18456 16TH AVE: 1998 manufactured home on almost 1/4acre sold for $129,000 in 39 days

18404 12TH AVE: 1998 mobile home, 1104sqft, on .35acres sold for $131,000 in 59 days

Price:
$58,000
Address:
Shelly Ave
Orlando, FL 32833
Square Feet:
1448
Lot Size:
.51 Acres
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Manufactured
Year Built:
1983

Call (407) 678-0062 for more details

Property Location