Investor · Mt Dora, FL · Member since 2018 · 28 posts · 4 votes
Price $119K
Repairs $35K
ARV $200K
A lot of potential in this solid block home. It has an enclosed porch with a fireplace that is under air which adds the extra 595 sq. ft. to the original floor plan of 1,620 sq. ft.
This property will need a full rehab. There is a house just down the street with 300 less sq. ft. and outdated like this one, they added a new roof and paint and sold it for $177K. With a job well done it should be no problem getting that ARV. Property is on city water and sewer. It also has a well for the yard and a big 2 car garage.