Additional Details

• Contact: Chris Williams (954) 807-9154 - cwilliams@propertyforce.com
• Important Details: --> M2M Tenants! --> No HOA --> Metal Roof
• Features: Easy Tally Rental! This 1 bedroom, 1 bathroom townhouse is already rented month-to-month and in rental condition with no HOA! Property is minutes from golf course, commercial centers and downtown Tallahassee. Add these cash-flowing units to your rental portfolio with minimal work needed!
• Potential ARV: $90,000 - $110,000
• Rehab Description: For a flip or rental, minimal rehab is needed. Clean or replace carpets and apply fresh interior paint throughout. Consider updating appliances. Clean and landscape exterior to increase appeal. Big ticket items, including metal roof and AC appear to be in good working condition.
• Estimated Rehab: $5,000 - $15,000
• Comparable Rent: $900
• Construction: Frame
• Ideal Investment Strategy: Rental/Resale
• Comp 1: 1539 Paul Russell Road B1, Tallahassee, FL 32301 (1/1, 720 sqft.) SOLD for $98K in DECEMBER (1984 build)
• Comp 2: 137 Boardwalk Ln, Tallahassee, FL 32301 (1/1, 800 sqft.) SOLD for $125K in SEPTEMBER (1984 build)
• Comp 3: 301 Vantage Point Ln Apt 9, Tallahassee, FL 32301 (1/1, 736 sqft.) SOLD for $149K in OCTOBER (1978 build)
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab