Sanford Flip with Huge Potential Yale Ave. Sanford, FL. 32771
This is an off-market two-story flip in beautiful Sanford.
This is going to need a full rehab top to bottom. It currently sits as a 3/1 but there is a room that has potential to be a 2nd bath. It looks as if the work has already been started to put in the 2nd bathroom. Also, you will need to termite tent the house and repair any damage. There is a lot renovations needed on this one but your hard work will be rewarded.
As a 3/1 this is worth about $210k-$215k after renovations. If you continue the work in adding the 2nd bathroom and make this a 3/2 it could have an ARV upwards of $250k. At this price you have the chance to make a huge return on your investment.
**Note: Property is going through probate. Closing to occur as soon as court approval for sale is obtained. **