Additional Details

• Important Details: --> Vacant at close --> Pool Home! --> 3/2 layout
• Features: Pool home in Tallahassee! This 3 bedroom, 2 bathroom home features 1,797 sqft of living space with a den, wood burning stove, and an in-ground pool! Garage was enclosed and under air. Conveniently located just off of Capital Circle and Apalachee Pkwy and minutes from downtown, FSU/TCC/FAMU, and several parks and shopping centers! This deal won't last!
• Potential ARV: $300,000 - $325,000
• Rehab Description: For a flip or rental, this property needs full cosmetic updates to the kitchen, bathrooms, flooring, and trim/fixtures. Start with a trash out and deep clean. Apply fresh paint to the interior throughout. Modernize the kitchen and bathrooms and update flooring throughout. Roof was replaced in 2000 with a permit and shows no apparent visual signs of leaking but may need to be replaced again due to age. Central HVAC may need to be replaced due to age but currently in good working order. Electrical and plumbing are in good working order. Pool holds water and shows no signs of distress. Optionally, remove/repair wood shed in backyard. Finish renovation by power washing exterior and landscaping to boost curb appeal.
• Estimated Rehab: $50,000 - $60,000
• Construction: CBS / Frame conversion
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1,600
• Comp 1: 409 Grail Dr, Tallahassee, FL 32301 3/2, 1530 sqft SOLD $321k in MAY 2023 (1983 build, no pool, frame, updated)
• Comp 2: 1117 Beachum Dr Tallahassee, FL 32301 3/2, 1656 sqft SOLD $307k in AUGUST 2023 (1957 build, cbs, no pool, updated)
• Comp 3: 419 Stonehouse Rd, Tallahassee, FL 32301 3/2, 1488 sqft SOLD $300k in JULY 2023 (1990 build, no pool, updated)
• Comp 4: 1207 Richview Rd, Tallahassee, FL 32301 4/2, 1444 sqft SOLD $300k in OCTOBER 2023 (1968 build, 1 more bedroom, frame, no pool, updated)
• Comp 5: 2909 Morningside Dr, Tallahassee, FL 32301 3/2, 1677 sqft SOLD $295k in AUGUST 2023 (1963 build, no pool, frame, updated)
• Comp 6: 865 Kingsway Rd, Tallahassee, FL 32301 3/2, 2000 sqft SOLD $280k in NOVEMBER (investor sale) (1976 build, as-is, pool)