Dowd Ave., Orlando, FL 32804

Showing Wednesday Evening (4/17) so please call to RSVP.

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This is the cheapest block 3 bedroom property in the 32804 zip code by over $30,000. The property is in pretty good condition already. Basically, you will need cosmetic updates, such as kitchen and bath, plus paint and flooring. You will also need to do some landscaping, and the roof is 50/50. All told,  you should be able to get out of this property for right around 30,000.

As far as comparables go,  it’s actually pretty difficult surprisingly. There are multiple comps that aren’t rehabbed, there are multiple comps that are much larger or newer, but there are not many that are rehabbed and similar in size. Based on the fact that you have houses that are not rehabbed, selling in the 270 and up range, that are similar in size, we really feel that 310 is a fair a ARV.  Although, we could be over or under +/- $20k.  Please look at comps on your own as well to support your ARV.

Showing Wednesday Evening (4/17) so please call to RSVP.

University Heights, No HOA

Assignable

Est. Rehab: 25,000 – $33,000 (Depending on roof)

Est. ARV: $299,000 – $310,000 +

Recent Area Sales / Activity:

• 1125 Webster Ave – 2/1, 1118 SF – Pending for $275,000
• 1021 Hunter Ave – 3/3, 1506 SF – Sold 6/28/18 for $284k ($188.58 PSF)
• 1123 Webster Ave – 3/2, 1163 SF – Sold 7/31/18 for $275k ($236.46 PSF)
• 3416 N Westmoreland Dr – 3/2, 1316 SF – Sold 2/24/19 for $320k ($243.16 PSF)