Orlando Flip or Potential Cash-Flow Pope Rd. Orlando, Fl. 32810
Property Detail
Type
Single Family Home, **SOLD** Status
Flip, **SOLD** Location
Florida
Sub Location
Orlando
Price
$133,000
Sq. Ft.2,332Bedrooms3Bathrooms1(2)ARV$225k - $230kRehab$50,000 - $60,000GarageCarportPoolnoTaxes/yr$908.01Lot Size (Acres)0.1846ConstructionStuccoWaterfrontnoYear1963SubdivisionLockhartHOA Fees/mona
Property Description
Here is a solid 3-Bed 2300+ SQFT flip in Lockhart.
The main thing about this one is that its a 3/1. In order to get the Estimated ARV you will need to add a 2nd bathroom. Other than that this needs all the standard paint, floors, kitchen, bath, landscaping and possible reshingle and AC. With the spread you have on this one, you could put upwards of $50-$60k and still have solid Equity.
Comps are showing that properties this size in this area are going for about $225-$230k. Comps Attached in pics.
Another option would be converting this to a triplex. With the current layout, its set up for an easy transition for a cash-flow property.
