Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $140,000-$145,000
• Estimated Rehab: $50,000-$60,000
• Comparable Rent: $1,000
• Construction: CBS
• Occupancy: VACANT!
• Comp 1: 408 Frisco Rd - 3/1 with 925 sq/ft plus a 1 car garage - Fully Updated - Pending @ $215k!
• Comp 2: 300 Edgewater Dr - 3/1 with 1,067 sq/ft - Fully Updated - Sold 09/2022 $205k!
• Comp 3: 201 Chaseville St - 2/1 with 850 sq/ft - Rental Condition - Sold 08/2022 $146k
• Comp 4: 323 Chaseville St - 2/1 with 756 sq/ft - Clean Rental Condition - Sold 05/2022 $145k
• Comp 5: 325 Chaseville St - 2/1 with 900 sq/ft - Outdated - Sold 05/2022 $85k
• Comp 6: 204 Ehrmann St - 2/1 with 1,050 sq/ft - Tenant Occupied - Sold 05/2022 $60k
• Rehab Description: For a flip or a rental, this property will need a complete update. The roof, kitchen, flooring throughout, bathrooms, electrical, windows, fixtures, interior/exterior paint, and landscaping. Optionally, the carport could be converted back into a carport.
• Features: Concrete block home located in Edgewater, West Pensacola! Featuring 3 bedrooms, 1 bathroom, and sitting on a large lot size of nearly 15,000 square feet. Offered vacant at closing, don't miss out on this dual threat opportunity to fix and flip or buy and hold with plenty of equity!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab