SOLD – Oranole Way, Apopka, FL 32703

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Beds: 4   Baths: 2   Sq. Ft: 2,053

ARV: $265k+    Repairs: $35k 

$178,900+cc 

Take a look at this off market, block home that sits on an acre of land and is located in a very nice neighborhood blocks from Bear Lake! The fact that you sit on such a large lot offers a variety of options for you. So long as the city allows you to split the lots, you could basically build on a half acre, rehab this house on the other half acre, and make a killing. The garage was converted, so you may look into keeping that square footage and building a garage. The house is already in pretty good condition but will definitely need some updating. Comps inside the subdivision that are not on the water and are not distressed, range from 154/sf to 189/sf. We are using 130/sf for our value. You could easily command more with a super top notch rehab. Property is occupied so will be shown by appointment only. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

For additional photos & comps Click Here

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