Additional Details

• Important Details: --> VACANT at closing!
• Rehab Description: For a flip or rental, this home needs a full renovation. Update the kitchen, bathrooms, flooring, and trim/fixtures. Replace doors and windows. Interior ceiling and drywall need to be replaced and apply fresh interior paint throughout. Seller advised roof replaced 2 years ago with no permits. Spot repair soffits/fascia. Update central HVAC. Electrical and plumbing are aged but in good working order. Pressure wash and paint the exterior and do some landscaping to boost curb appeal.
• Features: New deal in Pensacola! This 3 bedroom, 2 bathroom concrete block home boasts 1,602 sqft of living space with an attached carport. The central location puts it within walking distance from several points of interest, including Pensacola Christian College, making this ideal for student housing or renting to a young professional or starter family. Conveniently located within 5 minutes of the airport, Cordova Mall, and Sacred Heart hospital. Grab this deal while you can!
• Potential ARV: $215,000 - $230,000
• Estimated Rehab: $40,000 - $50,000
• Comparable Rent: $1,500
• Construction: CBS
• Ideal Investment Strategy: Rental/Resale
• Comp 1: 6051 Belladonna St, Pensacola, FL 32503 3/2 1,369 sqft SOLD $228K in OCTOBER (1960 build, updated, no garage or carport)
• Comp 2: 403 Ladybird Ln, Pensacola, FL 32503 3/2 1,773 sqft SOLD $223K in JUNE (1971 build, clean rental condition, no garage or carport)
• Comp 3: 11 Scarlett Ln, Pensacola, FL 32503 3/2 1,100 sqft SOLD $220K in MAY (1959 build, updated clean rental quality, attached carport)
• Comp 4: 122 Monarch Ln, Pensacola, FL 32503 3/2 1,408 sqft SOLD $186K in JUNE (1959 build, partially updated, attached carport)