Additional Details

• Contact: Chris Williams (954) 807-9154 - cwilliams@propertyforce.com
• Important Details: --> Vacant on lockbox! --> Tax-assessed at $78k --> 3/2
• Features: Clean property with minimal rehab needed! This 3 bedroom, 2 bathroom features 1,080 sqft of living area. Property sits on a 0.16 area lot minutes from downtown Pensacola and NAS Pensacola. Property is vacant on lockbox with good bones and only minor cosmetic work needed. Get this deal before it's gone!
• Potential ARV: $130,000 - $150,000
• Rehab Description: For a rental, just a basic cosmetic facelift is needed. Flooring is needed in part of the house. Deep clean, apply fresh interior paint throughout. Some trim/fixtures will need attention. For a flip, consider updating bathrooms. Metal roof has remaining useful life. Plumbing and electrical are in good working order and electrical wiring has been updatd. 2 new mini split wall units have been installed for AC. Pressure wash exterior and do some landscaping to increase curb appeal.
• Estimated Rehab: $15,000 - $25,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1,200
• Construction: Frame
• Comp 1: 2523 W Lee St, Pensacola, FL 32505 (3/2, 1200 sqft) SOLD for $158k in FEBRUARY (1945 build, frame, updated)
• Comp 2: 1535 N Q St, Pensacola, FL 32505 (3/1, 1092 sqft) SOLD for $135k in JANUARY (1957 build, cbs, partially updated)
• Comp 3: 1703 N J St, Pensacola, FL 32501 (3/1, 1200 sqft) SOLD for $125k in JANUARY (1954 build, frame w/ brick veneer, dated/as-is)
• Comp 4: 2403 W Hernandez St, Pensacola, FL 32505 (3/1.5, 1184 sqft) SOLD for $184K in DECEMBER (1965 build, frame w/ brick veneer, updated)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab