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Updated over 7 years ago, 05/20/2017

User Stats

978
Posts
39
Votes
Foster Algier
  • Investor
  • Orlando, FL
39
Votes |
978
Posts

Fix'n'Flip or Rehab & Rent by Beautiful Lake Mirror!!

Foster Algier
  • Investor
  • Orlando, FL
Posted

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

http://www.FACSOLD.com/

also check out on the tab Coaching once on the website.

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

Lake Mirror Drive, NW, Winter Haven, FL 33881

INVESTMENT: $84,900

ARV: $160,000-165,000 +/-

Rent: $1,100/month +/-

Rehab: $35,000-40,000 +/-

3 Bedrooms 2 Bath

1,692 SqFt

Built: 1965

Construction: Block

HOA: $0/mo

Comps:

1840 15th St NW

1,380 SqFt 3/2 1956

SOLD $134,500 6/2016

1944 19th St NW

2,000 SqFt 3/3/2 1955

SOLD $188,000 2/2017

3/2 Block home in a quiet street, good sized living areas and an open layout. This home will need a cosmetic update and rehab that includes: kitchen, baths, flooring (wood/terrazzo/carpet through home), ceiling repairs, paint, trim. Possible minor reconfiguring of the bedrooms. The roof will need to be replaced as there is some visible damage in living room ceiling. A/C is older but present so you would need to look it over. Windows are original but in good shape. Electrical looks good. Outside paint, minor repairs, and a good landscaping would go a long way. There is an additional room right between home and utility room which is enclosed but not added to base living area but it could be converted in additional SqFt without much work increasing the living space to over 2,000 SqFt. There is also a good-sized utility room. Lots of space and nice possibilities to turn this back into a beautiful home.

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

Broker - Gold Key - G.R.I.

FLA Real Estate Services

Offering

User Stats

1,299
Posts
136
Votes
Sean Richway
Lender
  • Lender
  • Chevy Chase, MD
136
Votes |
1,299
Posts
Sean Richway
Lender
  • Lender
  • Chevy Chase, MD
Replied

@Foster Algier  If you have any buyers that need financing feel free to reach out to us.  We are looking for wholesalers to partner with and expand our lending base.

  • Sean Richway
business profile image
Infinity Capital Finance
5.0 stars
3 Reviews