Off-Market Cookie-Cutter Townhouse Terrace Village Ln. Tampa, FL. 33617
Property Detail
Property Description
This quaint town home is located in the heart of Temple Terrace. This home boasts 3 bedrooms and 2.5 bathrooms ready for an investor’s touch. It has a spacious layout with a large 2nd story master bedroom. This home is located within minutes of I-275, University of South Florida, University Mall, Busch Gardens, Seminole Hard Rock Casino and there are many local shopping plazas, grocery stores, parks and restaurants.
Property will need a full rehab. A new roof will need to be installed. A new kitchen will need to be installed with new appliances. Flooring throughout is needed. New fixtures will need to be installed. A fresh coat of interior and exterior paint is needed.
All the comps are identical so there is no guessing the ARV on this one. You have an REO pending @ $75k that will need a full rehab…This means you are paying $10k less then an investor trying to flip an identical unit. One comp used a basic rental style rehab and it sold for $129k. The 2nd comp had higher end renovations and was much nicer than the previous comp mentioned and it sold for $135k. So you may not have to spend as much as you think to make a solid profit on this flip.
**Note: Buyer must assume all liens and violations. Please contact for more info.**