11515 Valencia Drive, Hillsborough County, Florida, 33584, United States
SOLD! $244,990 - Duplex
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $350,000 - $370,000
- Estimated Rehab: $15,000 - $35,000
- Comparable Rent: $2,600 ($1,300/unit)
- Construction: CBS
- Occupancy: Tenant occupied.
- Comp 1: 5338 Orange Ave, Seffner, FL 33584 -- 4/2/1716 sq ft -- SOLD $361.5k MAY 2022 -- (Pending in 7 days! Dated, Clean)
- Comp 2: 5243 Pine St, Seffner, FL 33584 -- 4/2/2326 sq ft -- PENDING $365k -- (Dated, Clean)
- Comp 3: 5240 Cherry Ave, Seffner, FL 33584 -- 4/2/1566 sq ft -- SOLD $345k MAY 2022 -- (Clean rental condition)
- Rental Comp: 5208 Lime Ave, Seffner, FL 33584 -- 2/1/866 sq ft -- LEASED $1300/mo JUN 2022 -- (Half a duplex, Dated)
- Rehab Description: For a rental, not much rehab is necessary. Cosmetic updates are only optional. Replace carpets in bedrooms with LVP and replace the HVAC system on the "A-side." Replace the roof. Apply a fresh coat of paint to the interior of both units.
- Features: CASH COW ALERT!!! This Duplex is a combined 4-bedroom, 2-bathroom CBS block home that sits in a pocket of clean multifamily units in Seffner! Each unit has a screened-in back patio and a separate driveway and entrance. The landscaping all around is immaculate and the backyard is fenced-in. Don't miss out on this opportunity to add a CASH COW to your portfolio!
- Important Details: QUICK Closing! Duplex: 2/1 + 2/1 configuration. Estimated market rent around $2,600 for both units. Both sides are currently rented month to month.
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab