Dr Phillips Lakefront-View with Mother-in-Law apt-REDUCED $10k

[Foster Algier]

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

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Cane Hills Cir, Orlando, FL 32819

Investment: $245,000

ARV: $350,000- 375,000 +/-

Rehab :$60,000- 75,000 +/-

5 Bedroom 3 Bath

2,451 SqFt

Built: 1959

Construction: Block

HOA: $0

Beautiful Waterfront View of Lake Cane and you OWN frontage where you can spend your days fishing, water skiing or simply taking in the view. The property has a small dock and 150 feet of lake front property across from Turkey Lake Road. The house was built in 1959 and features beautiful hard wood floors and a wood burning fireplace, four spacious bedrooms, 4/2 baths in the main house and an attached 1/1 in-law apartment.

Repairs: This house is in currently in livable conditions but it's going to need an absolute rehab to get top High-End ARV. Everything needs to be upgraded. Kitchen opened up, bathrooms, new windows, A/C, convert carport in to garage, possible level up some flooring etc. Roof looks OK expect in one part of the house but it's possibly going to need a new one. Wood Floors can be saved.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier, Licensed Real Estate Agent, GRI

Real Estate Investment Source of Central Florida LLC