RENEGOTIATED!
Now: $125,000
Price WAS: $150,000
House in 32810 zip code that is extremely under-priced. House is zoned for a duplex on an oversized lot, and there are lots of options for you to maximize value. The way we see it, you have 3 options for this house.
- Option 1 is to flip. You do have some equity and a pool, but the layout is extremely difficult to wrap your head around. This will be difficult but not impossible.
- Option 2 is to convert it to a duplex as it is designed. May be easier with the layout, but in both scenarios, house needs a major rehab.
- Option 3 is to tear it down. With this option you can build a new house, a duplex, or possibly two duplexes as the lot is definitely big enough to sustain it.
This house is not for the first time investor, as the rehab will have a massive price tag, but you are very under priced in a good area on a huge lot.
Avondale Park First Addition, No HOA
Assignable
Est. Rehab: $60,000 – $80,000
Est. ARV: $265,000 +/-
Recent Area Sales / Activity:
- 7805 Albania Ave – 3/2, 1944 SF – Sold 12/30/19 for $255k
- 5430 Kenyon Rd – 4/3, 2213 SF – Sold 9/30/19 for $255k
- 5306 Hillside Dr – 4/3, 2328 SF – Sold 5/31/19 for $299k
- Address: Brownell St, Orlando FL 32810
- Price: NOW $125,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Garage/Carport: 2 Car Garage
- Total Square Feet: 2243
- Construction Type: Block
- Year Built: 1954