Additional Details

• Important Details: --> VACANT AT CLOSING!
• Features: Rare deal in Monticello! This 3 bedroom, 2 bathroom mobile home features 1,568 sqft of living area. With a minimal cosmetic renovation, this property holds incredible investment potential. Being offered vacant at closing, ready for work to begin immediately. Can be paired with the property next door for a package deal!
• Potential ARV: $125,000 - $145,000
• Rehab Description: For a flip or rental, this needs cosmetic updates. Start with a large trash out and deep clean. Apply fresh interior paint throughout and pressure wash exterior. Update flooring throughout and optionally update kitchen and baths. Roof may need to be replaced due to age. Central HVAC should be replaced. Electrical and plumbing are in working order. Finish up with landscaping to boost curb appeal.
• Estimated Rehab: $20,000 - $30,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1000
• Construction: Mobile Home
• Comp 1: 744 Hopson Rd, Monticello, FL 32344 3/2, 2128 sqft SOLD $170k in JULY 2023 (1999 build, partially updated, 2 acres)
• Comp 2: 45 Rudolph Ln, Monticello, FL 32344 2/1, 952 sqft SOLD $130k in DECEMBER 2022 (1993 build, updated, 1 acre)
• Comp 3: 1488 Noel Dr, Monticello, FL 32344 2/2, 990 sqft SOLD $133k in OCTOBER 2022 (2019 build, 1 acre)
• Comp 4: 401 E Osprey Ln, Monticello, FL 32344 2/2, 960 sqft SOLD $41k in APRIL 2023 (1986 build, as-is sale, 0.5 acres)