Additional Details

• Important Details: --> Vacant at closing! --> 3/2 brick house on corner lot!
• Features: This 3 bedroom, 2 bathroom brick house features 1,634 sqft of living area plus a wood-burning fireplace. Property sits on aspacious 0.78-acre corner lot in a quiet residential area that's walking distance to all of the local schools. Property is already in rental condition and being offered vacant at closing! Get this great deal while it's still available!
• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $280,000 - $300,000
• Rehab Description: For a rental, consider a deep clean with fresh interior paint and minor touchups/updating some trim/fixtures. For a flip, consider upgrading the kitchen, bathrooms, and flooring. Metal roof is less than 5 years old. HVAC, electrical, and plumbing are in good working condition. Pressure wash the exterior and do some landscaping to boost appeal.
• Estimated Rehab: $20,000 - $30,000
• Comparable Rent: $1250
• Construction: Frame - Brick Veneer
• Comp 1: 135 Underwood Dr, Palatka, FL 32177 (4/2, 2164 sqft) PENDING for $299k (1972 build, dated condition, on same street, 0.36 acres)
• Comp 2: 101 Pine Oak Dr, Palatka, FL 32177 (3/2, 1587 sqft) SOLD for $345k in MARCH (1979 build, renovated, 0.99-acre lot)
• Comp 3: 122 Green Dr, Palatka, FL 32177 (3/1.5, 2382 sqft) PENDING for $240k (1955 build, extremely dated, only 1 full bath)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab