Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $200,000-$230,000
• Estimated Rehab: $45,000-$60,000
• Comparable Rent: $1,400-$1,600
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 27140 THORNCREST AVE, BROOKSVILLE, FL 34602 (3/1, 1080 sqft) SOLD $200k in SEPTEMBER 2022 (1979 build, cbs, updated, 1-car garage)
• Comp 2: 27197 SIMONA AVE, BROOKSVILLE, FL 34602 (3/1, 1080 sqft) SOLD $197k in NOVEMBER 2022 (1979 build, cbs, partially updated, 1-car garage)
• Comp 3: 27124 FERNERY AVE, BROOKSVILLE, FL 34602 (2/1, 1000 sqft) SOLD $195k in OCTOBER 2022 (1979 build, cbs, updated, 1-car garage)
• Comp 4: 27079 AUBREY AVE, BROOKSVILLE, FL 34602 (3/2, 1400 sqft) SOLD $250k in DECEMBER 2022 (1978 build, cbs, updated, 2-car garage)
• Rehab Description: For a flip or rental, this needs a full interior remodel including kitchen, bathrooms, flooring, trim/fixtures, and appliances. Optionally, remove or update the panel molding on some interior walls. Roof is dated and may need to be replaced. Central AC is not working and should be updated. Electrical and plumbing may need some attention. The back porch needs to be re-screened. Pressure wash the exterior, apply fresh interior/exterior paint, and do some landscaping to boost curb appeal!
• Features: Dual-threat in Hernando County! This 3 bedroom, 1.5 bathroom concrete block home features 1,150 sqft, a screened back porch, and a converted garage. Located in a non-HOA community on a 0.17-acre lot. Being offered vacant at closing, ready for the renovation to begin immediately. Conveniently located off of Hwy 98, a few minutes away from I-75, and close to Croom Wildlife Management Area, Withlacoochee State Forest, and less than a 30-minute drive to the coast! Don't miss out on this deal that has immediate equity and is ready for repairs!
• Important Details: --> VACANT AT CLOSING! --> 2/1 on Property Appraiser, current layout is 3/1.5 with converted garage
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab