Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $160,000-$180,000
• Estimated Rehab: $40,000-$50,000
• Comparable Rent: $1,100
• Construction: Frame
• Occupancy: Tenant Occupied/Month to Month
• Comp 1: 2416 CRILL AVE - 3/2 with 1,143 sq/ft - Fully Updated - Sold 03/2022 $185k!
• Comp 2: 618 Husson Ave - 3/1 with 1,470 sq/ft - Updated - Sold 01/2022 $185k!
• Comp 3: 510 S 19TH ST - 3/2 with 1,334 sq/ft - DISTRESSED - Sold 02/2022 $90k!
• Comp 4: 510 S 19TH ST - 3/2 with 1,334 sq/ft - DISTRESSED - Sold 02/2022 $90k!
• Comp 5: 115 Azalea Cir - 3/1 with 1,331 sq/ft - DISTRESSED - Sold 01/2022 $90k!
• Comp 6: 1307 Olive St - 3/1 - Rental Condition - Pending @ $75k!
• Comp 7: 209 N 7th St - 2/1 with 916 sq/ft - DISTRESSED - Pending @$69k!
• Rehab Description: Option 1: keep as a rental and make necessary maintenance repairs to property. Option 2: Fully update the property.
• Features: Located in the heart of Palatka, this home features 3 bedrooms, 1 bathroom, and over 1,200 square feet of living. Don’t miss out on this dual threat opportunity to buy and hold as a rental or fix and flip!
• Important Details: ***Buyer agrees to assume property with current tenants. Tenant estoppel letter will be provided prior to closing.***
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab