Peachtree St, Cocoa, FL 32922

Beds: 4    Baths: 4    SqFt: 1992

Repairs: $20k    Rents: $2600/mo

$126,000+cc

Check out this block and fully rented quadplex just blocks away from the Indian River. Property consists of 4 1/1’s that are currently rented out for $450 each. We believe tenants are all month to month, but seller says they have all been there a while and are good tenants. That being said, you should be able to get $600–$650 for each unit once you have made some repairs. The roof is going to need a reshingle, paint in and out, and some updating inside. We were unable to get into each unit for pictures, but we are working on setting up a showing now. If you are interested, please let me know and I will coordinate. Owner is responsible for water and sewer, which runs about $250/month. Tenants are responsible for everything else. If you put $20k to $25k in and maximized your rents at $650 for each unit, you would be looking at a huge return! Taxes are $2,284.

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E Jefferson St, Orlando, FL 32803

 

Beds: 8    Baths: 4    SqFt: 1741 & 1600

ARV: $800k    Repairs: $0    Rents: $4235/mo

$600,000+cc

Deals like this in downtown Orlando almost never present themselves anymore.  This is an opportunity for 2 duplexes, most have which have been updated, with renters in place, on side by side lots (1 corner lot) in a prime area of Downtown Orlando. Currently bringing an impressive return, all 4 units are rented below their potential.  All units have 2 bedrooms and 1 bath. 2001 Jefferson has been fully upgraded down to the studs. 1 unit in 2005 Jefferson has been updated while one has not been updated and has had the same month to month tenant in it for years. This is also the largest of the 4 units and should fetch the highest rent once renovated. This is the cheapest ppsf for income producing home in 32803.  his would also mark the cheapest price per square foot seen for a house deal within a mile of the property.  With strong sales comps in the area up to the $250 per square foot range for this square footage, it doesn’t take long to see the incredible value being offered here. Tenants pay all water and utilities. Property management company in place if buyer would like. Leases are all up this year, and it would be suggested that rents be increased to market potential.  Leases available upon request.

Property Features: 

  • 2001 Jefferson – corner lot, updated tile in main areas and new carpet in bedrooms, updated kitchens, all stainless steel appliances, updated bathrooms, sturdy roof, central AC
  • 2005 Jefferson – 1 partially updated unit with updated tile in main areas and carpet in bedrooms, newer kitchen cabinets, solid surface counters, all appliances, central AC.  sturdy roof.  Other unit is rented with tile floors, full bathroom, wood cabinets in kitchen and all appliances, central AC, sliding doors to back yard

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Montview St, Orlando, FL 32805

Beds:  2 (3)   Baths: 1 (2)    SqFt: 1,004 (1,184)

ARV: $145k-$150k    Repairs: $35k    

$76,000+cc  Assignable

Off Market Rehab Opportunity in Orlando 32805. Come quick and jump on this opportunity to turn this 2/1 home into a 3/2 with the space available and increase the ARV to $145k-$150k. You can also enclose the porch to add 180 sqft of living space. This is a solid block home with a good layout, but needs a full rehab and a bedroom and bath added to maximize its potential. Call now to Buy.

Comps:

  • 1706 Bren Lee Ct  3/2  1,056 soft Sold $140k
  • 3909 Trovati St  4/2 1,079 sqft  Sold $158k
  • 1607 24th St  3/2  1,269 sqft  Pending $164,900  18 DOM

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Hibiscus Ln, Deltona, FL 32738

Beds: 3    Baths: 2    SqFt: 1344

ARV: $180k-185k    Repairs: $40k-$45k

$85,000+cc

Waterfront Deltona Project! Check out this Deltona 3/2 that sits on a beautiful Creek leading into Lake Bethel. This really is a super nice part of Deltona.  The house has been basically stripped but the roof and electrical are ready to go. Its a small house, so your costs shouldn’t be too wild. You have multiple comps all in the same area so value shouldn’t be any question.

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Santa Anita St, Orlando, FL 32808

Beds: 3    Baths: 2 (add bath)  SqFt: 1,021

ARV: $140k-$150k    Repairs: $25k

$90,000+cc

Off Market Orlando Rehab! Come quick to check out this 3 bedroom 1 bath block home built in 1952 that offers 1,021 sqft of living sqft and 1 car stall carport. This property has begun some renovations but we have it available as-is for you to finish the rehab and profit. Rehab estimate is approximately $25k, and that is with adding a 2nd bath to make this home a 3/2 and sell at an ARV of $140k-$150k.

Comps:

  • 2207 N Hastings St  3/2  1,073 SqFt SOLD $140k on 1/10/2018 Renovated
  • 1527 Hernandes Dr 3/2 920 SqFt Pool SOLD $145k on 2/26/2018 Renovated
  • 4810 Victory Dr 3/2 984 SqFt PENDING $149k DOM 20 Cheap Renovation
  • 5509 Ferdinand Dr 3/2 1,107 SqFt Pool PENDING $167k DOM 13 Renovated

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Magnolia Woods Ct, Deltona, FL 32725

Beds: 2    Baths: 2    SqFt: 897

Repairs: $0    Rent: $950/mo

$89,000+cc

Turnkey Condo in Deltona! Come take a look at this 2/2 condo located in the Edgewater Condominiums. Property is currently tenant occupied at $850/mo on month to month status. The tenants would like to stay and are willing to pay market rent which is $950/mo. The condo is a 2nd floor corner unit and has new counter tops in the kitchen and bathrooms. This property is a buy and hold for now, but could be renovated and sold for more, pending comp at 160 LIVE OAK WOODS CT, #2A for $119.9k. Renovating would only take $10k-15k. HOA is $225/mo.

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Dale Ave, Winter Park, FL 32789

Beds: 4    Baths: 2    SqFt: 1474

ARV: $479k – $1M (Build)   Repairs: $45k

$340,000+cc

No matter how you slice it up, it’s hard to go wrong with this deal. Situated on a brick street, where million-dollar homes already exist, and more being built, this home is by far the best deal winter Park has to offer. With similar, dated homes getting scooped up by builders, one could do a basic rehab and cash flow while continuing to build equity as the land values increase. Additionally, you could do a flip rehab or simply tear the existing structure and build a brand-new home. Considering that much smaller homes are selling for higher than the subject property and new construction selling near $400/sq, one should not doubt the opportunity this deal presents. Property needs a New roof, Int/ext paint, texture ceiling, update flooring, update kitchen and bathrooms, SS appliances package, cosmetic updates throughout, new paver driveway and a landscape package.

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