no images were found
Perfect rental/flip opportunity located in an excellent area of Ormond Beach! This single-family home with an attached efficiency sits on a sizable .21-acre lot, just minutes from the airport, beach, US 1 restaurants, parks, and much more! Features also include a spacious living room with a fireplace, nice sized bedrooms, and a kitchen with a dining/sun-room. With some TLC, this will make an excellent investment opportunity!
Property will need a new roof and some ceiling repair. Fascia repairs are needed. The second kitchen needs to be remodeled or removed. Drywall repairs are needed in some areas. The main kitchen, all bathrooms and floors, need to be updated/remodeled. New appliances and a hot water heater are needed. A few windows need to be replaced. Electrical and A/C maintenance is needed. For a flip, a few doors need to be replaced. To finish it off, interior and exterior paint must be applied, along with landscaping.
Important Details / Seller Notes
***Buyer agrees to assume property with current occupants. Tenant estoppel or lease will be provided prior to closing.***
This property is renting a small efficiency area, but needs to be completely remodeled. Home also has a few frame areas.
Two separate tenants.
Tomoka Estates, No HOA
Assignable
Est. Rehab: $40,000
Est. Monthly Rent: $1,200
Est. ARV: $210,000
- Address: Lowndes Avenue, Ormond Beach, Florida 32174
- Price: $132,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 3
- Garage/Carport: None
- Total Square Feet: 1638
- Construction Type: Block
- Year Built: 1957