Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $380,000 - $400,000
• Estimated Rehab: $75,000 - $100,00
• Comparable Rent: $3,500
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 215 Ronnoc Ln, New Smyrna Beach, FL 32168 -- 5/4/2698 sq ft -- SOLD $350k FEB 2023 -- (Sold Occupied, AS-IS Investor Purchase, Frame Quadplex)
• Comp 2: 601 Dora St, New Smyrna Beach, FL 32168 -- 2/2/1068 sq ft -- SOLD $270k FEB 2023 -- (Frame, Investor Cash Purchase, Main Portion of Roof was Dated, Fixer-Upper)
• Comp 3: 307 Rush St, New Smyrna Beach, FL 32168 -- 5 unit, 2 building, MF Framer -- SOLD $360k AUG 2022
• Comp 4: 666 Dora St, New Smyrna Beach, FL 32168 -- 2 Buildings on a Large Lot, 1928 Framer -- SOLD Occupied $340k JUL 2022
• Comp 5: 201 Palmetto St, New Smyrna Beach, FL 32168 -- 1/1/900 sq ft -- LEASED $1,500/mo JAN 2023 -- (One Bedroom Unit of a Quadplex)
• Rehab Description: 909 Spruce St, New Smyrna Beach, FL 32168 -- 3/1/1359 sq ft -- LEASED $1800/mo -- (Frame, Dated/Lived-in)
• Features: No active Multi-Family within a Mile! This 2 building, 3 unit, 7 bedroom, 3 bathroom home sits in a residential pocket of New Smyrna Beach, FL! The property features a main structure which has 3 beds and 1 bath and a spacious 1364 sq ft of living area, and a second, two-story structure with a 2 bed, 1 bath separate unit on each floor! This is the ideal package for a rental buyer looking to earn some sweat equity on an incredible addition to their portfolio! Don't miss out on this opportunity!
• Important Details: -Vacant at Closing; --> 2 Buildings, Both Vacant at Closing: Building 1 is one-story, 3 bed 1 bath, Frame, 1364 sq ft living area, with carport. --> Building 2 is a two-story, CBS bottom, Frame top, 672 sq ft living area each story, with patio up top --> Total living area is 2,708 sq ft
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab