Additional Details

• Contact: Chris Williams (954) 807-9154 - cwilliams@propertyforce.com
• Important Details: --> VACANT AT CLOSING! --> 4/2 brick veneer
• Features: Dual-threat opportunity! This 4 bedroom, 2 bathroom brick veneer house features 1,188 sqft of living area and an attached 1-car garage. Property sits on 0.18 acre lot on a quiet residential street less than 15 minutes from Downtown Pensacola and NAS Pensacola, right across the street from Naval Hospital Pensacola, and the commissary. Fix and flip for a quick profit or hold as a cash-flowing rental in a desirable area. Being offered VACANT AT CLOSING! Get this RARE deal while you can!
• Rehab Description: For a flip or rental, this property will need a cosmetic facelift. Update kitchen, bathrooms and flooring (area does not call for high end finishes). Complete minor drywall repairs, fix trim, and apply fresh interior paint throughout. Some doors and windows need repair/replacement. HVAC replaced last year. Electrical and plumbing are in good working condition. Roof has small tree on the back side but does not appear to have significant damage. On the exterior, remove debris from yard, pressure wash, paint, and do some landscaping to increase value.
• Potential ARV: $175,000 - $200,000
• Estimated Rehab: $40,000 - $50,000
• Construction: Frame - Brick Veener
• Comparable Rent: $1,800
• Ideal Investment Strategy: Rental/Resale
• Comp 1: 580 Quigley Rd, Pensacola, FL 32506 (4/2, 1188 sqft) SOLD $187k in NOVEMBER (1972 build, cash sale, dated, no garage, brick veneer)
• Comp 2: 813 Lavon Dr, Pensacola, FL 32506 (3/2, 1540 sqft) SOLD $215k in DECEMBER (1988 build, dated, no garage, brick veneer)
• Comp 3: 305 Corrydale Dr, Pensacola, FL 32506 (3/2, 1325 sqft) PENDING $180k (1974 build, clean rental condition, converted garage, brick veneer)
• Comp 4: 813 Lavon Dr, Pensacola, FL 32506 (3/2, 1540 sqft) SOLD $215k in DECEMBER (1988 build, dated, no garage, brick veneer)
• Comp 5: 825 Lavon Dr, Pensacola, FL 32506 (3/2, 1566 sqft.) RENTED for $1800K in OCTOBER (1989 build, Clean rental condition.)
• Comp 6: 825 Lavon Dr, Pensacola, FL 32506 (3/2, 1566 sqft.) RENTED for $1800K in JUNE (1989 build, Clean rental condition.)
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab