Azalea Park Flip Romano Ave., Orlando FL 32807
Type Single Family Home, **SOLD** Status Flip, **SOLD** Location Florida Sub Location Orlando Price $175,000 Sq. Ft.2,020Bedrooms6Bathrooms3ARV$255,000Rehab$40,000+/-Garage2 Car CarportPoolNoneTaxes/yr$2,681Lot Size (Acres)0.25 AcresConstructionBlockWaterfrontNoYear1957SubdivisionMontereyHOA Fees/mo$0
Within close proximity to Shopping and Downtown, this home is entrenched in a desirable neighborhood and is walking distance to one of the most prestigious schools in Orlando (Orlando Prep). Built in 1957 with CBS and features a Main House boasting 5 bedrooms, 2 bathrooms, ample living room space, and a 2-Car Carport. Attached Mother-in-Law Suite has 1 bedroom, 1 bathroom, and has it’s own entrance. Multiple options and gives an investor the freedom to put a personal touch on this gem.
Roof is dated but in good condition, showing no signs of leaks or repair needed. The frame addition can be easily be torn down or one of the walls will need to be repaired. Overgrown shrubbery will need to be cleared out and landscaping in the backyard is needed as well. Bathroom sinks and toilets have been winterized and are in good condition. A few of the windows need to be replaced and interior will need to be updated and/or modernized throughout; flooring in all rooms, kitchen appliances, cabinetry, and bath/shower tiles.
As far as comps, you have plenty to go off of. it’s a bit bananas, but houses are continuing to rise in value here and still selling fast with a nice rehab.