Additional Details

• Important Details: --> 3/2 corner lot! --> Vacant on lockbox! --> Tax-assessed at $155k
• Features: VACANT ON LOCKBOX! This 3 bedroom, 2 bathroom home features 1,150 sqft of living area with an attached enclosed garage/workspace. Property sits on a 0.26-acre corner lot in a quiet residential area. Updated houses in this pocket are consistently selling for less than 10 DOM. Conveniently located nearby the YMCA and Unicorn Lake and only a few minutes away from Santa Fe College, UF, and Shands Medical, and the VA Hospital. Don't miss out on this deal!
• Potential ARV: $260,000 - $280,000
• Rehab Description: For a flip or rental, replace the carpeting and apply fresh interior paint throughout. Electrical and plumbing in good working condition. Roof and Central HVAC need replacement. Optionally, consider updating kitchen appliances and replacing trim/fixtures throughout. Consider layout changes to maximize the value. Finish the renovation by pressuring washing and painting the exterior and doing some landscaping to boost appeal.
• Estimated Rehab: $40,000 - $50,000
• Construction: Frame
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1,800
• Comp 1: 4327 NW 29th St, Gainesville, FL 32605 (3/2, 1501 sqft) SOLD for $295k in MARCH (1978 build, updated, 3 days on market)
• Comp 2: 4716 NW 29th Ter, Gainesville, FL 32605 (3/2, 1167 sqft) PENDING for $269k in MARCH (1971 build, updated, 8 days on market)
• Comp 3: 4531 NW 28th, Gainesville, FL 32605 (3/2, 1260 sqft) SOLD for $266k in MARCH (1981 build, dated, 3 days on market)
• Comp 4: 4915 NW 28th Ter, Gainesville, FL 32605 (3/2, 1512 sqft.) PENDING for $215k in MARCH (1976 build, DATED, across the street from subject prop)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab