Additional Details

• Important Details: --> 3/2 Brick veneer house in Pensacola! --> Vacant, Stripped and Ready for Rehab!
• Features: Brick-veneer house in Pensacola! This 3 bedroom, 2 bathroom house features 1245 sqft of living area. Property sits on a spacious 0.27 acre corner lot in a quiet residential area minutes from NAS Pensacola. Property is vacant and ready for rehab on day one. The house has already been stripped down and just needs the finishing cosmetic touches. Get this great opportunity while you can!
• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $220,000 - $240,000
• Rehab Description: For a flip or rental, a basic cosmetic rehab is needed. Property has already been stripped down and is ready for the finishing touches. Upgrade kitchen and install new flooring and bathrooms. Patch drywall and remove wall paper and apply fresh paint throughout. Pressure wash, paint and landscape exterior to increase curb appeal. Roof and windows are less than 2 years old. HVAC and water heater are less than 10 years old. Electrical and plumbing in good condition.
• Estimated Rehab: $35,000 - $45,000
• Comparable Rent: $1,400
• Construction: Frame/4-sided Brick Veneer
• Comp 1: 10617 Bridge Creek Dr, Pensacola, FL 32506 (3/2, 1162 sqft) PENDING $239k in MARCH (1985 build, frame/brick veneer, interior updated)
• Comp 2: 10663 Silver Creek Dr, Pensacola, FL 32506 (3/2, 1300 sqft) SOLD $240k in OCTOBER (1984 build, frame/brick veneer, partially updated)
• Comp 3: 10728 Silver Creek Dr, Pensacola, FL 32506 (3/2, 1358 sqft) SOLD $275k in OCTOBER (1986 build, frame, updated, no garage)
• Comp 4: 10660 Creek Ridge Dr, Pensacola, FL 32506 (3/2, 1447 sqft) SOLD $262k in OCTOBER (1995 build, frame/brick veneer, updated, 1-car garage)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab