East Orlando Opportunity with Lots of Potential E Orlando Rd, Orlando, FL 32820
Property Detail
Property Description
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This is a 4 bedroom 2 bathroom concrete cinder block single-family home sitting on 2 lots in the Bithlo area of Orlando. It was built in 1981 with a total of 3,030 sqft and a heated area of 2,006 sqft. The extra lot next door already comes with a septic tank, driveway, and a water well so it is ready for a mobile home to be put on it and used for cash flow.
The property needs some work. The kitchen was recently rewired and in the starting process of rehabbing. One of the bathrooms was remodeled not too long ago. The house will need new paint on the outside, new floors, new windows, fresh paint on the inside, update the kitchen, and other basic cosmetic upgrades.
You can either rehab the house and put a mobile home on the lot next door or demolish the house and put a mobile home on each of the lots.
COMPARABLES:
(Please do your due diligence)
18210 Hollister Rd., Orlando, FL 32820
Heated Area: 1,695 SqFt
Sold Date: 02.04.20 // Sale Price: $259,000 // Price per Sqft: $156.17
18632 Seaford Ave., Orlando, FL 32820
Heated Area: 1,378 SqFt
Sold Date: 10.10.19 // Sale Price: $180,000 // Price per Sqft: $130.62
MOBILE-HOME COMPARABLES:
1725 N 6th St., Orlando, FL 32820
Heated Area: 1,290 SqFt
Sold Date: 05.10.19 // Sale Price: $169,000 // Price per Sqft: $139.44
18542 Hewlett Rd., Orlando, FL 32820
Heated Area: 1,917 SqFt
Sold Date: 10.20.19 // Sale Price: $194,000 // Price per Sqft: $101.20
