SOLD – E Anderson St, Orlando, FL 32801

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Beds: 2   Baths: 2   SqFt: 870

ARV: $300k+    Repairs: $30k-$40k

$199,000+cc Assignable

Opportunity in 32801 where the options are endless. Take a look at this Historic 2 bedroom 2 bath home built in 1916 that offers 870 sqft of living space, a detached 1-car garage. Keeping the same square footage with a quality rehab we believe the ARV to be $300k, but you have many options as it could be a great addition to your rental portfolio at $1,600/mo with simply finishing off the bathroom updates, some paint and a good cleaning. How about increasing the ARV with adding square footage to the back of the home or going up to a second floor, every $100 per sqft you spend you will get $275-$300 per sqft in return. Builders might consider knocking down and building new on this .16 acre, R-2A lot. What would you do?

Show by appointment only. For additional photos Click Here

Comps:

  • 806 E Harwood St  2/1  1,148  SqFt  Built 1947  Sold $315k Upgraded $274.39/sqft
  • 216 S Lawsona Blvd  2/1  752 SqFt Built 1945 Sold $222k  NOT Updated $295.21/sqft
  • 108 Kennison Dr  2/1  1,215 SqFt  Built 1925  Pending at $399k  Renovated $329/sqft

 

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