Hidden Treasure in College Park!!

[Foster Algier]

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.

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Seville Place, Orlando, FL 32804

INVESTMENT: $330,000

ARV: $500,000-550,000 +/-

ARV Rehab: $50-70K +/-

4 Bedrooms 2.5 Bath

2,458 SqFt

Built: 1940

Construction: Frame

HOA: $0/yr

In a neighborhood where people are paying $260K for land, this 2,458 SqFt home in a very nice part of College Park on .37 acres of land is a fantastic opportunity. To keep the property as is and rehab, you could move some walls around to improve the layout. That's why there is such a high rehab number on it...to allow for cosmetic updating, but also to make the house flow a little better.

There is also the option of a complete tear-down and rebuild. College Park is known for its million dollar plus homes within a stone's throw of this home. This home is on a large corner lot, so there is the possibility that it could be split and rebuilt/sold as two individual properties. It will all come down to the minimum the city will allow and the setbacks, due to the fact it is a corner lot.

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