Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $310,000-$330,000
• Estimated Rehab: $25,000-$40,000
• Comparable Rent: $2,400
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 177 3RD ST, NAPLES, FL 34113 - 2/2 865 sqft SOLD $341k JANUARY 2022 (1983 build, in the same neighborhood, with pool)
• Comp 2: 4631 ORCHARD LN, NAPLES, FL 34112 - 2/1 720 sqft PENDING $399k (1959 build, fully updated, no pool)
• Comp 3: 3168 BARRETT AVE, NAPLES, FL 34112 - 2/1 924 sqft SOLD 313k FEBRUARY 2022 (1985 build, sold with a tenant as-is)
• Comp 4: 111 7TH ST, NAPLES, FL 34113 - 3/2 1,175 sqft PENDING $349k (1982 build, next door to subject property, clean but dated)
• Comp 5: 2432 WASHINGTON AVE, NAPLES, FL 34112 - 2/1 1,072 sqft SOLD $399.9k MARCH 2022 (1959 frame build, 9 DOM basic updates)
• Rehab Description: For a flip or rental you have two options here. You can do minimal cosmetic updates and quickly re list the property. Second option would be to do rehab updates to the kitchen, bathroom, flooring (where needed), soffits, appliances, and fixtures. Roof appears to be in newer condition with no apparent visual evidence of leaking and central air is in good working condition as well. Apply fresh interior/exterior paint, deep clean, and do some landscaping to boost curb appeal!
• Features: Rare opportunity for a deal in Naples! This 2 bedroom, 1 bathroom concrete block home features 644 living sqft, has a fenced yard with back patio, and sits on a .15 acre lot. Being offered vacant at closing with high upside potential in a desireable market with most nearby properties going pending in under 10 days. Don't miss out on the profit potential here. Act accordingly!
• Important Details: --> VACANT AT CLOSING!!!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab