Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $300,000-$310,000
• Estimated Rehab: $25,000-$35,000
• Comparable Rent: $2,200
• Construction: Frame
• Occupancy: Vacant At Closing
• Comp 1: 848 Stone House Rd - 3/2 with 1,822 sq/ft - Minor Updates - Pending @ $315k
• Comp 2: 1101 Pinecrest Dr - 3/2 with 1,736 sq/ft - Minor Updates - Sold 10/2022 $307k
• Comp 3: 432 Collinsford Rd - 3/2 with 1,948 sq/ft - Clean but Outdated - Pending @ $299,900
• Comp 4: 515 Stone House Rd - 3/2 with 1,542 sq/ft - Updated - Sold 08/2022 $289,900
• Rehab Description: For a Flip this home needs a cosmetic update. Investor has the option to be selective and should not have to use top of the line materials for the kitchen, flooring, and bathrooms based on comparables recently sold. It is recommended to update flooring on the first and second floor, update the kitchen, bathrooms, apply fresh interior paint throughout, consider new fixtures including lighting, door locks etc, and have some minor landscaping done for curb appeal as well as a pressure wash. For a Rental it is recommended to replace carpet in upstairs bedroom and conduct a deep clean.
• Features: Call your agent now! 954-807-9118 This 1988 two story home features over 1,800 sqft, 3 bedrooms, 2.5 bathrooms, a 2 car garage, and an additional enclosed porch(updated with permit). Investor will be buying this well kept home with newer appliances, a roof redone with permit in 2007, and a Central A/C replaced in 2013. It is important to know inferior homes are selling clean but dated for $300,000 and MORE in October 2022 with comparable homes currently pending sale. Put your investor touch on this investment home and rent or sell to a home buyer seeking a spacious home in a great neighborhood of Tallahassee. Call your agent before it is too late!
• Important Details: Central A/C = 2013 with permit TBM130996 ; Reroof = 2007 with permit TBR070406 ; Addition = Done with permit TBB000518
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab