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228 Topaz Ave, Pensacola, FL 32505
228 Topaz Ave, Pensacola, FL 32505
$99,990 - Single Family
1,357 Sq Ft 2 Bedrooms 1.5 Bathrooms 1955 Year Built

Additional Details

  • Contact: Michael Nier (954) 947-0561‬
  • Ideal Investment Strategy: Rental/Resale
  • Potential ARV: $155,000-$175,000
  • Estimated Rehab: $5,000-$20,000
  • Comparable Rent: $1,100--$1,300
  • Construction: CBS
  • Occupancy: Vacant @ Closing!
  • Comp 1: 111 Curtiss Dr - 3/1 with 1,153 sq/ft - Updated - Sold 09/2022 $182,900!
  • Comp 2: 1008 Potomac Dr - 4/2 with 1,231 sq/ft - Clean Rental Condition - Sold 10/2022 $175k
  • Comp 3: 228 McKinley Dr - 4/2 with 1,296 sq/ft - Pending @ $169k
  • Comp 4: 1026 Potomac Dr - 3/1.5 with 1,239 sq/ft - Updated Flooring - Pending @ $157,500
  • Rehab Description: For a flip, this home already boasts updated flooring throughout, a newer HVAC, and a roof with plenty of life left. Optionally, the kitchen and both bathrooms could be updated. The master bedroom should be converted back into 2 bedrooms making the home a 3 bed/1.5 bath house again. Landscaping to boost curb appeal and this textbook rehab is complete. For a rental, converting the master bedroom back into 2 bedrooms is recommended to maximize market rent. Some pressure washing, paint, and landscaping will easily make this ready for a tenant quick!
  • Features: Located in the West Pensacola subdivision of Oakcrest, this CONCRETE BLOCK home features over 1,300 sq/ft, a newer roof and HVAC, updated flooring throughout, and is offered VACANT @ CLOSING! Don't miss out on this dual threat opportunity to fix and flip or buy and hold!
  • Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab

Features

Property Location