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Off market block home in a great flip market! This area is highly desirable with multiple options. You have some new build stuff selling in the area for 650k to 700k, depending on the size of the house being built. This property sits on a decent sized lot, so this is definitely a possible angle to look at.
The other option is to fix the home up and flip it. You will need to open up the lay out to make it flow a little better for sure. A/C and roof seem to be in good condition. The garage was enclosed but needs to be finished. Another investor recently did a house just like this and it ended up costing him 55k to open up walls and bring mulitple leveled floors up. His house was a little bit bigger, but if you do it right, I don’t see why you wouldn’t be able to get 320k. You also have a back porch that is considered under air square footage that needs to be factored into rehab.
Colonialtown / Eastwood, No HOA
Assignable
Est. Rehab: $50,000
Est. ARV: $320,000
- Address: Oregon Street, Orlando, Florida 32803
- Price: $217,500
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 2
- Bathrooms: 1
- Total Square Feet: 1331
- Construction Type: Block
- Year Built: 1949
