Multiple Property Deal in Orlando/Taft 2nd St. Orlando, FL. 32824
Property Detail
Type
Multiple Property Deal, **SOLD** Status
Flip, **SOLD** Location
Florida
Sub Location
Orlando
Price
$209,900
Sq. Ft.2,505Bedrooms5Bathrooms3ARV$320k - $340kRent/mo$2,300 - $2,600Rehab$50,000+/Garage1 CarPoolNoneTaxes/yr$2,591.06Lot Size (Acres)0.6987ConstructionBlockWaterfrontNoneYear1940 , 1955SubdivisionTaft
Property Description
Reduced $10,000!
Two houses for the price of one in Taft! Houses sit on adjacent lots. One property is 3/2 1846 SQFT and the other is a 2/1 659 SQFT. Buy both properties today for $209,900.
Houses both need standard cosmetic rehab. Your basic kitchen, baths, flooring, paint etc. We recommend doing the rehab, but your options are limitless. Demo the smaller one and start over, or even combine the lots. Really a blank canvas.
You are buying in a great area. This neighborhood is both 10 minutes away from the Florida Mall and Orlando International Airport. There are only two other active properties within a mile radius with the next cheapest active being $215k. Properties in Taft don’t come along too often, so get in while you can!
The ARV we came up with is a very rough estimate. It was extremely hard to comp so be sure to do your due diligence and run your numbers thoroughly.
COMPS:
1203 2nd St. – 2/1 1228 SQFT sold for $175,000 on 6/27/19
9524 2nd Ave. – 2/1 880 SQFT sold for $100,000 on 4/22/19
926 9th St. – 1/1 321 SQFT sold for $95,000 on 2/10/2019
421 1st St. – 3/2 1,229 SQFT sold for $145,000 on 3/18/19
