Flip or Cash Flow in Downtown Orlando 45th St, Orlando, FL, 32839
Property Detail
Type
**SOLD**, Single Family Home Status
**SOLD**, Flip Location
Florida
Sub Location
Orlando
Price
$80,000
Sq. Ft.951Bedrooms2Bathrooms2ARV$130,000+/-Rent/mo$1,100+Rehab$10,000 - $20,000+/-GarageNonePoolNoneTaxes/yr$842Lot Size (Acres)0.16ConstructionBlockWaterfrontNoneYear1954SubdivisionOhio homeHOA Fees/mo$0
Property Description
Attention flippers and landlords! This home would make a great rental or a decent low end flip. With market rent being between $1,100 and $1,200 per month on similar homes in the area. This home is in decent shape as well. It is in need of some upgrades inside and out but is nearly move-in ready. This home would be a great addition to any rental portfolio.
For a flip, you will need to replace flooring, put in a new kitchen and bath, clean up the house and lot, paint, and some other odds and ends. Central air and a new electrical panel will be 2 of your non cosmetic upgrades that you will need to address. Comps put the houses value around $130,000 or so.
