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This Sky Lake beauty has all kinds of potential! The home is dated, but in good condition overall. It sits on a large corner lot on a quiet street. The electric is upgraded. Like many properties in Sky Lake, it has green carpet over terrazzo floors. The garage door needs what looks like an easy fix.
It is in fine shape to hold as a rental, just needs the master bath completed. For a flip it will need the usual rehab to be brought up to current market expectations. Being larger than the available recent comps, we feel that with a nicely completed rehab it will easily fetch $220,000 or more. Currently occupied by the family heirs, and they will vacate by closing.
Assignable
Sky Lake, No HOA
Est. Rehab: Light to Medium
Est. Monthly Rent: $1,450 – $2,195 +/-
Est. ARV: $220,000 +/-
Recent Area Sales / Activity:
- 6605 Brockbank Dr – 4/2 – 1715 SF – 1962 – SOLD 4/2018 for $210k
- 827 Marlowe Ave – 4/2, 1668 SF – 1966 – SOLD 1/2018 for $210k
- 1115 Linton Ave – 4/2, 1721 SF – 1961 – SOLD 7/2017 for $200k
- Address: Orwell Avenue, Orlando, Florida 32809
- Price: $163,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 4
- Bathrooms: 2
- Garage/Carport: 2 Car Garage
- Total Square Feet: 1668
- Construction Type: Block
- Year Built: 1966