Overview
- Single Family Home
- 3
- 2.5
- 2,200
- $340,000+/-
- ARV
Description
New flip in Holly Hill with massive, massive equity. House needs a full rehab, but with the right finishes you should be able to have one of the nicest houses in the neighborhood and maximum potential equity!
House needs the following upgrades: New roof, new kitchen and baths as well as paint inside and out. Also needs new flooring throughout every room of the house. Needs some electrical work and will need some debris removal as well as new windows and landscaping. Lastly there is a very funky layout in this house. You will need to make it flow to maximize value.
All that being said, you are priced so far under comps and under potential ARV that you have tons of room to work with and can get very creative with this rehab. You are the biggest property in the area is the main issue you will have with the value. Even if you take out the garage conversion and 2 of the porch conversions, you are still around 1,800 sf. Most of the rehabbed homes are selling around 200/sf, and don’t necessarily have garages either. So, if you were at 1800 sf, with a garage, and used 190/sf, you are still at 340k. It’s not the simplest of houses to wrap your head around but there is definitely money to be made here.
Location
Open on Google Maps- Address Center Ave.
- City Holly Hill
- State Florida
- Zip/Postal Code 32117
- Subdivision Fleming Fitch Grant
Details
- Price: $225,000
- Property Size (Sq. ft.): 2,200 Sq ft
- Land Area (Acres): 0.29 Sq ft
- Bedrooms: 3
- Bathrooms: 2.5
- Year Built: 1980
- Property Type: Single Family Home
- Property Status: Flip
- ARV: $340,000+/-
- Rehab: Full
- Construction: Frame
- County: Volusia
