Additional Details

• Important Details: --> 4/2 CBS --> Vacant at closing! --> Tax-assessed at $211k --> 0.93 acres
• Features: New Gainesville deal! This 4 bedroom, 2 bathroom concrete block home features 1,979 sqft of living area and an attached 2-car garage. Property sits on large 0.93 acre lot in desirable area of Gainesville. Property is well-maintained and being offered vacant at closing! Get this deal while you can!
• Potential ARV: $315,000 - $330,000
• Rehab Description: To keep as a rental, minimal work is needed. Deep clean and apply fresh interior paint throughout. Optionally, replace carpeting. For a flip, consider cosmetic facelift to the kitchen, bathrooms, and flooring. Pressure wash and optionally paint exterior and to boos curb appeal. Roof, HVAC, plumbing, and electrical are in good working condition.
• Estimated Rehab: $20,000 - $40,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $2,000
• Construction: CBS
• Comp 1: 1106 NW 52nd Ter, Gainesville, FL 32605 (4/2, 1911 sqft) PENDING for $380k (1969 build, clean rental condition, 0.5 acre lot)
• Comp 2: 1510 NW 50th Ter, Gainesville, FL 32605 (4/2, 2640 sqft) SOLD for $360k in March (1981 build, dated, 0.75 acres)
• Comp 3: 2628 NW 66th Ter, Gainesville, FL 32606 (3/2, 1551 sqft) PENDING for $340k in FEBRUARY (1978 build, dated interior/partially updated, 0.36 acres)
• Comp 4: 2121 NW 54th Ter, Gainesville, FL 32605 (3/2, 1801 sqft.) SOLD for $305K in DECEMBER (1968 build, dated, 0.45 acres)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab