Spring St., Altamonte Springs, FL 32701

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This is a 4/2.5, 2674 SF Altamonte home needing a big rehab. It’s likely that this was a hoarder’s house, so a heavy trash out will be needed to start. The house needs everything from a new roof to mold remediation and everything else, but it sits on a huge double lot and is zoned for Seminole County schools. This one is not for the faint of heart but would be worth the effort for an experienced investor.

If you use a conservative $105-$110/SQFT you will be in the $275k-$299k ARV, so you have the opportunity for a nice payday with this one.

* Code enforcement liens for lot cleaning. County has verbally agreed to reduce code enforcement liens to administrative fees once it is brought to compliance. Please note, they cannot put anything in writing until the property is brought into compliance.

Sanlando, No HOA

Assignable

Est. Rehab: $130,000

Est. ARV: $275,000 – $299,000

Recent Area Sales / Activity:

• 104 Plymouth Ave – 3/1, 888 SF – Sold 7/31/18 for $145k
• 843 Campello St – 3/1, 1148 SF – Sold 5/30/18 for $149.9k
• 915 Francis St – 3/2, 1590 SF – Sold 7/23/18 for $245k