SOLD – N. Nowell St, Orlando, FL 32808

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Beds: 4  Baths: 2   Sq. Ft: 1,857

ARV: $155k    Repairs: $25k

$95,000+cc 

Super easy, off market flip!  Don’t less this one pass. The comps speak for themselves. On the books it shows as a 4/2 1,857 sqft (they enclosed the garage to make the 4th bedroom and they pulled a permit because that sqft is included in the county website), but when you go inside the property you see they added a bathroom in the 4th bedroom and a bathroom in the back of the house. I don’t think permits where pulled to do those. In my opinion, you should just scrap those 2 baths and turn the one back into a laundry area. This house needs to be trashed out, update the electrical panel, update the kitchen, the 2 real bathrooms are in good shape, just update the vanity but the shower and tile are in good shape. New paint inside and out, and carpet in the bedrooms. There are 2 old code violations, long grass and an old permit. so the county will have to come out and wipe those liens out, so that said, I would demo the 2 baths that permits were not pulled.  We are estimating 80/sf rehabbed, which is way lower than everything else selling in a half mile. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

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