1826 1st Avenue, DeLand, FL 32724
SOLD! $179,990 - Single Family
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $270,000-$280,000
- Estimated Rehab: $25,000-$35,000
- Comparable Rent: $1750
- Construction: Frame
- Occupancy: Call your Agent
- Comp 1: 1915 2nd Ave, Deland, FL 32724 - 3/2 w/1195 SqFt - Sold $294.2k (March '22/Updates)
- Comp 2: 2250 Calle Revilla, Deland, FL 32724 - 2/3 w/1,179 SqFt Sold $275k - (April '22/ Partial-Updates)
- Comp 3: 1369 7th Ave, Deland, FL 32724 - 3/2 w/1,284 SqFt Sold $265k - (Jan '22/Partial-Updates)
- Rehab Description: This is an easy rehab. The Metal Roof is in good condition and the HVAC is from 2010 but has been regularly maintained and is still under warranty. The Kitchen & Bath were renovated in 2008 leaving purely cosmetic work to be done. Prior work appears to have been permitted. Adding a bathroom is recommended to maximize resale value.
- Features: Great investment opportunity in Deland's Cypress Lakes Estates. This 4 bedroom 1 bath home boasts over 1500 square feet of living space and only in need of cosmetic work to get retail value. This home features a sizeable kitchen, 4 bedrooms, and a spacious yard. A savvy investor could add an additional bathroom and get closer to $300k or more for the home retail.
- Important Details: - Vacant at Closing;
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab