Need To Sell Investment Property-Titusville, Florida (3/2 sfr)

[Marc Tolbert]

$26,300 / 3br – 1496ft2 – ****Investment Opportunity***** (Titusville)

This is a “House Flippers Special” This investment will make a good rental or perfect seller finance flip. It has 3 bedrooms, 1 bath and a new bath renovation started for total of 2. Near Kennedy Space Center and Cape Canaveral Airforce Station

PROPERTY INFORMATION:

Bed/Bath: 3/1 SFR (Reno started on 2nd bathroom)

Square ft: 884 sq.ft. (possibly 1496 sq.ft)

Lot size: 7,405 sqft

Structure type: Contemporary

Year Built: 1958

Taxes: $1,081.38 – 2013 Taxes

Carport

ARV: $66,166

$53,000-low

$58,000-mid

$87,500-high

Estimated repairs:

Kitchen-Gut, may reuse/paint upper cabinets

Appliances-None need all new

Paint exterior/interior-All requires painting

Bathrooms:

1-requires renovation

1-requires complete construction to make the house a 2 bedroom

Floors: Existing parquet laminate in living room/dining room

Vinyl flooring in 2 bedrooms, 3rd bedroom requires flooring

No central A/C-uses window AC units

Needs new roof

Unpermitted addition of approximately 200 sqft thus giving the total of 1496

Needs new plumbing

Needs new wiring

Other things of note:

This property is within walking distance of the Miracle City shopping mall that is being renovated.

This property is just down the street from US1; which is right on the Indian River. (The river is in view from the home)

This property is a few miles from Kennedy Space Center and Cape Canaveral Airforce Station (which may see new space flight business from the commercial space program getting started)