438 E Burgess Rd, Pensacola, FL 32504
$89,990 - Townhouse
Additional Details
- Important Details: --> VACANT AT CLOSING!
- Features: Dual-threat townhouse! This 2 bedroom, 1.5 bathroom townhome features 876 sqft of living space. Partially updated and clean, this townhome won't last long. Conveniently located near I-10 and I-110, and only a short 15-minute drive to Downtown. Being offered vacant at closing. Don't miss out on this one!
- Rehab Description: For a flip or rental, this needs some cosmetic updates. Deep clean and apply fresh interior/exterior paint. Optionally, update the kitchen/appliances and deep clean or replace carpeting. Roof and central HVAC are in good working order but may need attention due to age. Siding/exterior trim needs attention. Finish up with landscaping to boost curb appeal!
- Potential ARV: $140,000 - $155,000
- Estimated Rehab: $20,000 - $30,000
- Ideal Investment Strategy: Rental/Resale
- Comparable Rent: $1200
- Construction: Frame
- Comp 1: 458 Burgess Rd, Pensacola, FL 32504 2/1.5, 876 sqft SOLD $87k in JANUARY 2022 (same building, dated as-is sale)
- Comp 2: 442 E Burgess Rd, Pensacola, FL 32504 (not a comp) REFINANCED $101k in AUGUST 2022 after renovations (1985 build, same floorplan in same building, updated)
- Comp 3: 426 E Burgess Rd, Pensacola, FL 32504 2/1.5, 876 sqft SOLD $55k in OCTOBER 2022 (same building, dated, off-market sale)