Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $190,000-$210,000
• Estimated Rehab: $20,000-$35,000
• Comparable Rent: $1,300-$1,400
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 319 HEMLOCK ST, INVERNESS, FL 34452 (2/2, 1251 sqft) SOLD $244k in NOVEMBER 2022 (1987 build, cbs, partially updated, 2-car garage)
• Comp 2: 622 PINEAIRE ST, INVERNESS, FL 34452 (2/1, 1244 sqft) SOLD $210k in NOVEMBER 2022 (1969 build, cbs, clean basic updates, 1-car garage)
• Comp 3: 6733 E GURLEY ST, INVERNESS FL 34452 (2/2, 1326 sqft) SOLD $240k in SEPTEMBER 2022 (1972 build, brick exterior, fully updated, 1-car garage)
• Comp 4: 1231 RUTGERS TER, INVERNESS, FL 34452 (2/2, 953 sqft) SOLD $199k in JULY 2022 (1964 build, cbs, partially updated, 2-car garage)
• Rehab Description: For a flip or rental, this needs cosmetic updates to the kitchen, bathroom, flooring, and trim/fixtures. Roof was replaced in 2015. Central AC appears to be working but may need updating. Electrical may need some attention. Deep clean the interior and apply fresh interior paint to round out interior renovations. Lush landscaping and an existing garden round out the curb appeal and outside space.
• Features: Incredible deal in Inverness! This 2 bedroom, 1 bathroom home features 1,146 sqft of living space, with a converted family room under air, an attached 1-car garage, detached carport, 2 sheds, and lush garden. Sits on an oversized 0.33-acre lot. Property can be rented as-is or updated immediately after closing. Being offered vacant at closing in the desirable Highlands community. Conveniently located near Hwy 41 and the area's many lakes, state parks, and preserves. Don't miss out on this dual threat!
• Important Details: --> VACANT AT CLOSING!
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab