This is a great block home on a corner lot, right next to four new-builds that are near completion and selling for about $275k. At 1643 SF, that equals $167 PSF.
This house currently has 1745 SF, but bring the studio and utiilty under air and it becomes a 2189 SF, 4 bed/2 bath money maker. Plus a stand-alone studio with bath and kitchenette and carport in between. A lot about 9000 SF. Purchase comes with all plans from architect.
Structures need roof and floor work, but block is in decent condition. Good layout, nice wrap-around porch, and loads of potential. If someone wants to use the lot, there are no impact fees. Rehab should run around $80k 0 $90k, bringing the potential profit ito about $50k on this one, after commissions and closing costs.
This will not last, so call now.
Assignable
Est. Rehab: $80,000 – $90,000
Est. ARV: $240,000 +
- Address: N Orange St, Mt Dora FL 23757
- Price: NOW $89,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Garage/Carport: Carport
- Total Square Feet: 1745
- Year Built: 1953