120k Spread East Orlando Flip

3 Beds / 1 Baths • 1,152 SqFt
Offer Submission Deadline
  • 3
  • 1
  • 1960
  • 1152

Description

NO HOA; Cheap flips are in big demand these days. Here's a single family home flip with some good numbers on it. 3 bed/1 bath on owned land, with no lot rent. Sits on 1.5 acres.

-Brand new septic tank and drain field

-No lot rent; Land is owned-NO HOA-Large 1.5 acre lot-Would need full rehab to reach ARV of $330k

-Look closely at the comps, they show real value here. This is not a mobile home.

-Reach out for Video Walkthrough

-Call 407-890-7789

Comps:

-2906 4TH STREET - Sold for $360k; 2/2; 1,012 sf; This is the best comp. A smaller single family house that has been updated. Nothing else really shows the values around here other than this one as most are mobile homes.

-516 8TH STREET - Sold for $340k; 3/1; 1,071 sf; Updated single family house on a small 1/3 acre lot. We are on 1.5 acres. Big difference in land value.

-2976 4TH STREET - Sold for $320k; 2/1; 864 sf;2706 10TH STREET - Sold for $320k; 3/2; 1,404 sf; This is a mobile home, not a traditional single family.

-2432 4TH STREET - Sold for $318k; 3/2; 1,670 sf; This is also a mobile home.

Estimated Spread

  • ARV $330,000
  • Price $210,000
  • Spread $120,000

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