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Location, Location, Location! Here is a perfect downtown flip. One of the hottest areas in Orlando is Mills and 50, and this is one of the cheapest price per sqft available in all of downtown.I would keep the beautiful terracotta flooring throughout and run with the Spanish style when you update the kitchen and bathroom. Take down the paneling in the bedrooms and put up drywall, also put back a closet in the 2nd bedroom in order to make it a true 2/1. Then make the back family room a fun area to hangout. I would also replace the roof. At this price point this property is not going to last for long.
Colonialtown North, Highland Grove – No HOA
Est. Rehab: $40,000 – $45,000
Est. ARV: $330,000 +/-
Recent Area Sales / Activity:
- 1506 Oregon St – 3/1.5, 1298 SF – Sold 6/12/19 for $311k
- 1816 Weber St – 2/1.5, 1291 SF – Sold 4/12/19 for $327k
- 725 Palm Dr – 2/1, 1224 SF – Sold 3/25/19 for $331k
- Address: La Salle Ave., Orlando FL 32803
- Price: $226,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 2
- Bathrooms: 1
- Garage/Carport: 1 Car Garage
- Total Square Feet: 1320
- Construction Type: Block
- Year Built: 1954