2230 Formosa Cir Brunswick, GA 31520
SOLD! $79,990 - Single Family
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $180,000 - $200,000
- Estimated Rehab: $40,000 - $50,000
- Comparable Rent: $1,800
- Construction: Frame
- Occupancy: Call your Agent
- Comp 1: 2247 Pinewood Dr, Brunswick, GA 31520 4/2, 1,350 sqft., 1971 build Pending @ $215k Smaller, Fully updated
- Comp 2: 2257 Formosa Cir, Brunswick, GA 31520 3/1, 1,100 sqft., 1972 build Sold $172k on 4/28/23 Smaller, Updated, Carport
- Comp 3: 2516 Woodland Way, Brunswick, GA 31520 3/1.5, 1,191 sqft., 1963 build Sold $154k on 5/9/23 Smaller
- Rental Comp: 150 Cypress Run Dr, Brunswick, GA 31520 3/2, 1,864 sqft., 2002 build Leased for $2k
- Rehab Description: Property will need full renovation. Settling cracks show foundation repairs are needed. Interior paint, kitchen updates, bathroom updates and new flooring will be needed as well. Roof and AC are newer and no not need repair. Outside will need repairs to the front porch and siding where addition was added. Landscaping should be applied to boost curb appeal.
- Features: Great pocket of Brunswick! Home is in quiet Magnolia Park neighborhood and has recently been made larger with an addition. It is only a 5 minute drive to Downtown Brunswick, 10 minutes to St. Simons Island, and 20 minutes to Jekyll. Get this deal while you can!
- Important Details: ---> 5 y/o roof ---> LOCATION!
- Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab