Orange Pl, Orlando FL 32810

This is a clean off-market flip or cash-flow with equity in North Orlando/Lockhart area. The house sits on a large 1/3 acre lot and backs up to a canal/waterway that feeds into Lake Lovely. I doubt you could use it to access the lake but its a nice addition when it comes time to flip this property on your end. House also features new ductwork and mini split on the AC, a newer roof in great condition and the septic is only a year old.

As far as rehab goes, the previous tenant left the property in good condition so only some cleaning and minimal work needed to rent this out. For a flip as a 2/1 it just needs paint, floors, kitchen cabinets and miscellaneous cosmetic updates. It’s just a light rehab to get it on the retail market for a quick sell.

This could also easily be converted to a 3/2. There is an extra 408 SF between the screened porch and the finished utility area that if converted to a 3rd bedroom, a 2nd bath and 1,248 SF, could possibly up your ARV an extra $40,000.

This property has many options for any investor and is at a price point that is hard to pass up. When deals like this come around they are snatched up quick. Don’t miss out on another one!

Riverside Park

Assignable

Est. Rehab: Light to Moderate

Est. Monthly Rent: $1,000 +

Est. ARV: $159,000 – $200,000

Recent Area Sales / Activity:

• 3114 Sherry Dr – 3/1, 900 SF – Sold 8/20/2020 for $176.5k
• 3810 Beachman Dr Unit 2 – 3/1.5, 918 SF – Sold 8/21/2020 for $179.9k
• 7722 Bayberry Ct – 3/2, 1268 SF – Sold 9/1/2020 for $200k
• 7947 Compass Dr – 3/2, 1092 SF – Sold 10/15/2020 for $218k
• 3515 Erie Ct – 3/2, 1093 SF – Sold 9/4/2020 for $212.5k
• 3607 Sutton Dr – 3/1.5, 1326 SF – Sold 11/6/2020 for $225k