Property Description:
Property Overview: Located just down the street from the Park Maitland School, lies your next investment opportunity. With most teardowns in this desirable corridor selling for over 550K, the subject property would represent the lowest priced land acquisition in over 12 months for this area. Considering the 3700sf new construction home 4 doors down just sold for 1.2 million, a builder could scoop up this property to build on this over-sized 85×129 lot and make a nice sized profit. Now if flipping is your thing, this mid-century home could be made modern after a full renovation. At 185psf this home would be the cheapest home available by 65 per square and by a staggering 90k within a half mile radius. With updated homes selling for well over 300psf around the corner there is no disputing the potential.
Property Features include; a sturdy roof, updated windows, a well-preserved kitchen with all appliances included, nicely maintained bathrooms, tile floors throughout, and a fully intact central AC system. Call or email for more details. This property is certain to sell quickly!
Rent Rehab: 3k
Interior Paint, minor cosmetics throughout.
Flip Rehab: 65k
Paint, Flooring, kitchen, and bath remodel, landscape package, misc. cosmetics.