5223 SE Fairlane Ave Stuart, FL 34997
Featured, SOLD! $199,990 - Duplex
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $265,000 / $ $275,000
- Estimated Rehab: $35,000 / $40,000
- Comparable Rent: $2800
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 2437 SE Harrison Street (2/1, 1056 sq ft) -- RENTED @ 2,200 (Outdated) Rented in 7 days!
- Comp 2: 1793 SE Lafayette Street (3/2, 1456 sq ft) -- RENTED @ $2,850 (Updated) Rented in 1 day!
- Comp 3: 1818 SE Harrison Street (3/2, 1464 sq ft) -- RENTED @ 2,750 (Clean/Outdated) Rented in 11 days!
- Comp 4: 5748 SE Avalon Drive (3/2, 1080 sq ft) -- RENTED @ $2,400 (Totally outdated) Rented in 5 days!
- Rehab Description: This is a rental play and requires a straightforward, cosmetic rehab for top dollar rents. On the interior, repaint throughout, replace the floors, remodel the kitchen, remodel the bathrooms, and deep clean throughout. On the exterior, repaint, repair the deck outside, and do minor landscaping.
- Features: CBS Multifamily in Stuart for sale for under $200k!!! This Duplex sits on a huge double lot, with separate meters, entrances, and driveways for each tenant! Roof and A/C for the entire structure was replaced in 2021!
- Important Details: - Vacant at closing! - On a double lot (13,852+ sq ft) - 3/2 Duplex (2/1 + 1/1) - Roof + A/C replaced in 2021!
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab