Bed: 2 Bath: 2 SqFt: 832
ARV: $200k Repairs: $30k Rent: $1100/mo-$1200/mo
$125,000+cc
Excellent flip or rental opportunity located in Pasadena Heights subdivision of Gulfport! This single-family home sits within walking distance of a school. Features also include a wooden deck patio, nice wood flooring throughout, laundry room and a large fenced-in backyard area, perfect for entertainment. With minor rehab, this will make an excellent investment opportunity! For a rental or flip, some areas of the eaves and wood siding need to be repaired. Drywall work is needed behind laundry. Termite treatment is also needed. For a flip, the kitchen, bathrooms, appliances, and some floors need to be updated. New water heater and AC units may be needed. The roof may need to be re-shingled. To finish it off, interior and exterior paint must be applied, along with some landscaping. Buyer agrees to assume property with current tenant/s. Tenant estoppel will be provided at or prior to closing.
Comps:
918 FREEMONT ST S, GULFPORT – 2/2/974 Sq ft – Sold for 204k on 05/29/2018
5721 NEWTON AVE S, GULFPORT – 2/1/898 Sq ft – Sold for 197k on 05/31/2018