Two Off Market Apopka Neighboring Duplexes! Take a look at these two homerun properties that would be a great addition to your rental portfolio. These duplexes were built in 1980 and each duplex is a 4 bedroom, 2 bath home with 1,824 sqft of living space, so each side consist of a 2/1 with 912 sqft. One of the duplexes sits on the corner lot and has a brand new roof, tenants pay $800 and $700, taxes are $1,989. The second duplex has a nice fenced in yard and the roof is 5 years old, tenants pay $735 and $760, taxes are $1,865. All tenants are on month to month leases, rents can all be raised to market at $800/mo, all tenants want to stay. Check out comps in the photo links below.
Take a look at this 3,000 sqft 4/4 pool house inside Rock Springs Ridge subdivision. This house was built in 2002 and had some minor settlement. There are some cracked tiles in the living room but inside the garage is 9 box of the same tile, more then enough to replace the cracked tile. We had a contractor look at it and he said it is common and nothing to worry about. Other repairs include replace missing Ac unit, paint inside and out, replace carpet, replace appliances with new stainless steel apps, clean pool and do landscape. Other houses inside this same subdivision with similar sqft and pool are selling in the 370k and we are selling this one for only 299k, that’s a lot of equity. If you average the price per squares that have sold, you are valued at 389k. The other sales are not really rehabbed either. Don’t miss out on this home run deal.
This is a true 70-75% deal with room for big profits! 3 bed, 1 bath, 1,252sqft. Can possibly change into 4/1. We alloted for a Complete Rehab to make this a like-new home on nearly 3 Acres. Rehab included full interior, new roof, new AC, plus room for a new septic if needed. Well tank held pressure and pump was working when tested. ARV is $245-$280k. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net
8023 Stone Rd – Dated but clean 2 bed / 1 bath, 1,218sqft – SOLD for $240k in 2 months
7937 Stone Rd – Dated REO, Needs updating, 3 bed / 3 bath, 3,248sqft, less than 2acre lot – Pending $249k
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
OFF MARKET APOPKA HOME! Rent Ready or Upgrade & Flip! 13.5% ROI after taxes, insurance & property management. Property sits on a 1/3 acre fenced lot, that offers 3 bedroom, 1 bath with a carport on a corner lot, built in 1953. Electrical was updated in 2015 & A/C was replaced in 2015. For Flip property needs upgrading: kitchen, bath, floorings, paint, windows. Not a lot of comps for similar homes but should get $100/sqft. Taxes are $608. Tenant occupied! Drive by only!! Contact me at 407-404-3225 or email me at Alex@VaultVentures.net
Solid low end pool flip off Bear Lake Rd in Apopka. House has new roof and outside AC. It needs paint, floors, bath x2 (1/2 bath could have shower added), kitchen, appliances, porch windows, and pool resurfacing. Best part about this deal is that houses selling on the retail market in the 150k range are of the highest demand right now. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net