Ormond Beach Rehab Opportunity with Huge Margins Riverbend Rd., Ormond Beach FL 32174
Investors Dream ! Great comps on same street, Great layout, and Great Numbers. Over 100k equity after repairs. Floor plan flows nicely and is set up perfectly to open the kitchen into the living room, where you will find vaulted ceilings, fireplace, and cedar siding. On one end of house is huge master and bath; and opposite the other 2 beds and 1 bath.
Repairs, you will need new flooring, update kitchen/baths, paint, AC, and some wood rot on exterior. Roof does not need replaced. House across the street is a massive new build. Good neighborhood on 1 acre. This home has all the makings for a successful fix and flip.
272 Riverbend Rd – 4/3 2414 sq ft sold for 375 on 11/12/19
301 Riverbend Rd – 3/2 2140 sq ft sold for 325 on 12/02/19
216 Riverbend Rd – 3/2 2132 sq ft sold for 330 on 11/18/19
226 Treeline Lane – 3/3 2486 sq ft sold for 360 on 11/08/19
295 Riverbend Rd – 5/4 4455 sq ft sold for 560 on 7/23/19
238 Treeline Lane – 4/3 4224 sq ft sold for 580 on 6/25/19