Additional Details

• Important Details: --> 3/1 4-sided brick veneer -->Vacant and gutted down to studs - ready for rehab! --> 0.28-acre lot!
• Features: New deal in Pensacola! This 3 bedroom, 1 bathroom 4-sided brick veneer home features 1,526 sqft of living area plus an attached 1-car garage. The house is vacant and has already been gutted, immediately ready for renovation to begin. Property sits on a spacious 0.28-acre lot on a quiet residential street minutes from downtown and NAS Pensacola. Get this great opportunity while you can!
• Potential ARV: $200,000 - $225,000
• Rehab Description: This property will need a full renovation to get it market ready. Gutted down to the studs and ready for renovations. Install kitchen, bathrooms, flooring, drywall, trim and fixtures. Roof, HVAC, plumbing, and electrical also needed. Optionally, update the floorplan to convert to a conforming 3/2 layout. Pressure wash and landscape exterior to increase curb appeal.
• Estimated Rehab: $60,000 - $80,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1,400
• Construction: Frame/4-sided Brick Veneer
• Comp 1: 4914 Ravenswood Ave, Pensacola, FL 32506 (3/2, 1190 sqft) PENDING for $249k (1952 build, smaller, updated, went pending in 7 days)
• Comp 2: 28 Srant Dr, Pensacola, FL 32506 (4/2.5, 1812 sqft.) SOLD for $220k in FEBRUARY (1957 build, partially updated, no garage, 23 DOM)
• Comp 3: 30 De Luna Cir, Pensacola, FL 32506 (4/1, 1339 sqft) SOLD for $195k in MARCH (1955 build, smaller with 1 bath, updated, 23 DOM)
• Comp 4: 220 Shadow Lawn Ln, Pensacola, FL 32506 (3/1, 1025 sqft) SOLD for $165k in MARCH (1958 build, dated/as-is sale, smaller with only 1 bath, 17 DOM)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab