Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $350,000-370,000
• Estimated Rehab: $55,000-65,000
• Construction: CBS
• Occupancy: Vacant at close!
• Comp 1: 166 N Lake Franklin Dr, Mount Dora, FL 32757 -- 3/2/1561 sq ft -- SOLD $387k MAY 2022 -- (Updated, 2-car Garage)
• Comp 2: 123 N Clayton St, Mount Dora, FL 32757 -- 3/2/1404 sq ft -- SOLD $365k JUN 2022 -- (Clean, Dated, Busy Street)
• Comp 3: 305 Pinecrest Rd, Mount Dora, FL 32757 -- 3/2/1290 sq ft -- SOLD $340k FEB 2022 -- (FRAME, Clean, Dated., 2-car Garage)
• Rehab Description: For a rental or a flip, cosmetic updates are recommended. Begin with a deep clean. Remodel the kitchen, bathrooms, and flooring throughout. Replace the roof while addressing soffit and fascia. The HVAC system appears to be newer but ductwork may need to be addressed. Minor drywall patching to the walls along with ceiling drywall is needed. Trash the shed out back, keep the one to the side of the home. Replace lighting and fixtures throughout, then finish with a fresh coat of paint to the interior.
• Features: This 3 bedroom, 2 bathroom, CBS construction home sits in a residential pocket of Mt Dora! The property features a 2-car Garage, a utility shed, a spacious kitchen, ample square footage, an enclosed front porch, and privacy fencing. A short drive or walk from a local park and school, this property is in an ideal location. Don't miss out on this opportunity!
• Important Details: Vacant at Close!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab