Additional Details

• Important Details: --> Conforming 3/2 with attached 2-car garage --> Vacant at closing!
• Features: New deal in Ocala! This 3 bedroom, 2 bathroom features 1,414 sqft of living area plus a 2-car attached garage. Property sits on spacious 0.27 acre lot in quiet residential area of NE Ocala, minutes from downtown. Property is being offered vacant at closing and only needs a basic cosmetic facelift to get it market ready. Get this great deal before it's gone!
• Rehab Description: For a flip or rental, all that's needed is a basic cosmetic facelift. Update kitchen, bathrooms and flooring plus apply fresh paint. To the exterior, pressure wash, paint and landscape to increase value. Shed in back will need removal with a second shed needing repair. Roof is from 2014 and appears to be in good condition. HVAC, electrical and plumbing all in good working condition.
• Estimated Rehab: $30,000 - $40,000
• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $225,000 - $245,000
• Comparable Rent: $1,600
• Construction: Frame
• Comp 1: 2621 NE 46th Ln, Ocala, FL 34479 (3/2, 1401 sqft) SOLD for $252k in MARCH (1980 build, partially updated, pending in 8 days)
• Comp 2: 4856 NE 26th Ter, Ocala, FL 34479 (3/2, 1232 sqft) SOLD for $250K in FEBRUARY (1989 build, partially updated, pending in 2 days)
• Comp 3: 2740 NE 45th St, Ocala, FL 34479 (3/1.5, 1092 sqft) PENDING for $229k in MARCH (1984 build, smaller, updated, 1-car garage)
• Comp 4: 2310 NE 44th St, Ocala, FL 34479 (3/2, 1196 sqft) SOLD for $225k in FEBRUARY (1981 build, smaller, dated, 1-car garage)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab