Additional Details

• Important Details: --> VACANT AT CLOSING! --> Assessed at $94k!
• Features: Rare deal in Monticello! This 4 bedroom, 2 bathroom home features 2,206 sqft of living space with a detached shed. If you possess the vision and creativity to transform this fixer-upper into a remodeled masterpiece, then this is the perfect opportunity for you. Can be paired with the property next door for a package deal!
• Potential ARV: $220,000 - $240,000
• Rehab Description: For a flip or rental, this needs a full renovation. Start with a full trash out and deep clean. Update the flooring, kitchen, baths, and trim/fixtures throughout. Spot repair some drywall/ceiling areas and exterior trim and apply fresh interior/exterior paint. Roof, HVAC, electrical, and plumbing will need attention. Finish up with landscaping to boost appeal.
• Estimated Rehab: $60,000 - $80,000
• Comparable Rent: $1600
• Ideal Investment Strategy: Rental/Resale
• Construction: Frame
• Comp 1: 8877 Old Lloyd Rd, Monticello, FL 32344 3/2, 2078 sqft SOLD $272K in MARCH 2022 (1900 build, updated, 0.66 acres)
• Comp 2: 190 Main St, Monticello, FL 32344 2/2, 1056 sqft SOLD 200K in MARCH 2022 (1982 build, much smaller sqft, off-market sale, as-is)
• Comp 3: 196 Main St, Monticello, FL 32344 2/1, 1416 sqft SOLD $180K in JANUARY 2023 (1925 build, much smaller sqft, updated, 0.47 acres)