SOLD – ARV Appraisal $235k – Page Ave Orlando, FL 32806

Beds: 4   Baths: 2.5    Sq. Ft: 1,740

ARV Appraisal: $235k   Rehab: $75k

$100,000+cc

SODO Flip!!! This lot is big at 85ft by 151ft with R-3 Zoning and 2 buildings sitting on the lot. The main house is a 3 bedroom 1.5 bath home with 1,152 SqFt of living space. This home needs a full rehab, although the windows are sound and the roof appears in good condition.  The second smaller home can be a Mother-in-law suite or a 1 bedroom 1 bath used to produce income for your retail buyer. This 1/1 is 588 SqFt and will also require a full rehab. Repairs are estimated at $70k. We had an After Repair Value Appraisal done and it came back $235k. There are also other options to consider with this lot zoned as R-3, tear down and build a new SFH or side by side townhouses to maximize profits.  Come check out! Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

Comps:

SOLD 10/8/14  NOT UPDATED 512 Avalon Blvd  3/1  1,048 SqFt + 1/1  359 SqFt  $210,800  $149.82/SqFt

SOLD 1/12/15 NOT UPDATED 2502 Lando Ln  3/2  1,462 SqFt + 1/1 584 SqFt Pool $228,500  $111.68/SqFt

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