Additional Details

• Features: Dual-threat opportunity for under $25,000?! This three-bedroom, one-bathroom features 1083 sqft of living space and sits on a corner lot. Being offered with instant equity to add to your rental portfolio or plenty of upside as a flip. This home is conveniently located close to everything town has to offer. Don't miss out!
• Potential ARV: $150,000-$160,000
• Rehab Description: For a flip or rental, this property needs to be gutted and completely renovated.
• Estimated Rehab: $70,000-$80,000
• Comparable Rent: $1500-$1700/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: FR
• Comp 1: 1604 Husson Avenue, Palatka, FL 32177 3/1 1118 Sqft 1955 Build PENDING @ $139,900 (Dated/similar size)
• Comp 2: 3612 Whitehall Street, Palatka, FL 32177 3/1 870 Sqft 1949 Build SOLD @ $150,000 08/01/24 (Smaller/clean with basic updates)
• Comp 3: 2400 State Street, Palatka, FL 32177 2/1 656 Sqft 1950 Build SOLD @ $139,000 07/29/24 (Smaller by 400 sqft/updated)
• Comp 4: 1925 Roselle Avenue, Palatka, FL 32177 3/1 806 SQFT 1950 Build SOLD @ $ 152,000 03/15/24 (Smaller/updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab