Additional Details

• Contact: Christopher Williams (954) 807-9154 or cwilliams@propertyforc.com
• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $245,000-$255,000
• Estimated Rehab: $35,000-$45,000
• Comparable Rent: $1,600-$1,700
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 5430 E TANGELO LN, INVERNESS, FL 34453 (3/2, 1,561 sqft) SOLD $271k in DECEMBER 2022 (1974 build, CBS, 2-car garage, updated, 0.34 acres)
• Comp 2: 2817 GARFIELD ST W, INVERNESS, FL 34453 (3/2, 1599 sqft) SOLD $265k in SEPTEMBER 2022 (1979 build, partially updated, no garage, 0.44 acres
• Comp 3: 3080 E BRYANT ST, INVERNESS, FL 34453 (2/2, 1494 sqft) SOLD $254k in SEPTEMBER 2022 (1987 build, frame, 2-car garage, 0.43 acres)
• Comp 4: 4016 E SCOTTY ST, INVERNESS, FL 34453 (3/2, 1482 sqft) SOLD $285k in JUNE 2022 (2002 build, cbs, partially updated, 0.49 acres)
• Comp 5: 3220 E ROGERS ST, INVERNESS, FL 34453 (3/2, 1380 sqft) SOLD $247k in DECEMBER 2022 (2007 build, cbs, dated, 2-car garage, 0.22 acres)
• Rehab Description: For a flip or rental, this needs cosmetic updates to the kitchen, baths, flooring and trim/fixtures. Roof has no visible signs of leaking but is dated and may need replacing. AC in good working order. Water heater recently replaced. Apply fresh interior/exterior paint to modernize and boost appeal!
• Features: Instant equity in Inverness! This 3 bedroom, 2 bathroom home features 1,631 sq ft of living space, a brick wood-burning fireplace, oversized 2-car carport, and a detached shed. Home sits on a 0.50-acre lot! Conveniently located in a quiet neighborhood off of Hwy 41, only a few minutes from Main Street and downtown Inverness, and a short drive to many local parks, the area's springs, and the coast! Capitalize on this immediate equity or option as a cash flowing rental!
• Important Details: --> Buyer agrees to allow occupancy until 2/28 after closing with a $10,000 escrow holdback
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab