Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $175,000-$185,000
• Estimated Rehab: $35,000-$40,000
• Comparable Rent: $1,300-$1,400
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 1 Stirrup Way, Arcadia, FL 34266 - 2/1 1,012 sqft SOLD $216,500 on 04/12/2023 (1962 build, updated, carport)
• Comp 2: 225 Bridle Path, Arcadia, FL 34266 - 2/1 850 sqft SOLD $175,000 on 04/21/2023 (1962 build, clean but outdated/needs updating, carport)
• Comp 3: 230 E Pine St, Arcadia, FL 34266 - 2/1 625 sqft SOLD $175,000 on 12/19/2022 (1942 frame build, clean/semi-updated, no garage)
• Comp 4: 9 Alabama Ave, Arcadia, FL 34266 - 2/1 1,008 sqft SOLD $165,000 on 01/23/2023 (2008 build, needs work/TLC, no garage)
• Rehab Description: For a flip or rental this needs cosmetic updates to the kitchen cabinets, appliances, bathroom, and fixtures. Roof needs to be re shingled and has some missing shingles. Central A/C needs is not working and needs to be serviced, however all window units are functional. This area does not call for high end finishes, just the basics. Apply fresh interior/exterior paint, deep cleaning, and some light landscaping to boost curb appeal!
• Features: Dual threat, attractive price point CBS home in Arcadia! This three bedroom, one bathroom concrete block home features 902 living sqft, and sits on a .06 acre lot. Located on a quiet street and a corner lot this is being offered at a hard to find price for either a great cash flowing rental or profitable flip!
• Important Details: --> Buyer agrees to assume current tenant renting $600/mo on a month to month basis. Tenant pays utilities and has a $200 security deposit.
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab