Additional Details

• Contact: Chris Williams (954) 807-9154 - cwilliams@propertyforce.com
• Important Details: -->VACANT AT CLOSING! -->3/2 on a corner lot in NW Tally!
• Features: Dual-threat in Tallahassee! This 3 bedroom, 2 bathroom home features 1,224 sqft of living area plus a screened porch/laundry room. Property sits on a spacious 0.25-acre corner lot in quiet Lakewood Estates neighborhood in NW suburbs of Tallahassee. Property is being offered vacant at closing. Textbook easy flip or a cash-flowing rental in a great area! Don't miss out on this deal - it will go FAST!
• Rehab Description: For a rental, minimal work is needed. Deep clean, replace carpeting, apply fresh interior paint, and upgrade appliances. Some doors, trim, and outside fencing need attention. Pressure wash, paint, and landscape exterior to increase value and boost curb appeal. For a flip, consider cosmetic updates to kitchen, baths, and flooring. Roof shows no apparent visual evidence of leaking with some useful life left but may need attention. HVAC, electrical, plumbing and water heater all in good working condition.
• Potential ARV: $200,000 - $220,000
• Estimated Rehab: $15,000 - $25,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1,800
• Construction: Frame
• Comp 1: 5817 Eunice Ct, Tallahassee, FL 32303 (3/2, 1068 sqft) SOLD for $225K in NOVEMBER (1981 build, updated w/ basic finishes, 0.32 acres)
• Comp 2: 6257 Bombadil Dr, Tallahassee, FL 32303 (3/1, 912 sqft) SOLD for $172K in OCTOBER (1983 build, smaller, dated, 1 bath, 0.26 acres)
• Comp 3: 4628 Autumn Woods Way, Tallahassee, FL 32303 (3/2, 1088 sqft) SOLD for $210K in JANUARY (1978 build, dated, 2-car garage 0.22 acres)
• Comp 4: 5431 Water Valley, Tallahassee, FL 32303 (3/2, 1136 sqft) SOLD for $250K in NOVEMBER (1992 build, updated, 2-car garage, 0.32 acres)
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab