Additional Details

• Important Details: --> Vacant at close --> 2021 Roof --> House recently rewired --> Some new impact windows --> New water heater
• Features: Great DUAL-THREAT opportunity in Punta Gorda?! This 2 bedroom, 2 bathroom concrete block home features 1240 sqft living area, an attached carport, a utility room, and sits on a spacious lot. Being offered vacant at close, at an attractive price, and with multiple exit strategies! With only cosmetics needed, this project should turn a profit quickly! Act fast!
• Potential ARV: $250,000-$260,000
• Rehab Description: For a flip or rental, it is recommended to convert the Den into a third bedroom to maximize on resale value. Flooding from Helene occurred and the interior has been mitigated. The roof was replaced in 2021 and in great condition. Kitchen, bathrooms, walls, flooring, fixtures, and appliances need to be replaced. The AC unit is less than 10 years old, appears to be in good condition, but may need to be serviced or replaced. Complete the rehab and remodel and make this property turnkey!
• Estimated Rehab: $40,000-$50,000
• Comparable Rent: $1900-$2100/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 2936 Vasco St, Punta Gorda, FL 33950 3/2 1176 SQFT 1973 Build SOLD @ $264,000 11/04/24 (Two car garage/Dated)
• Comp 2: 3430 Ames St, Punta Gorda, FL 33950 2/2 768 SQFT 1960 Build SOLD @ $211,000 07/29/24 (Smaller by over 400 sqft/dated)
• Comp 3: 3507 Vasco St, Punta Gorda, FL 33950 2/2 1307 SQFT 1972 Build SOLD @ $289,900 02/29/24 (Updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab