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Priced under 60k and in need of no more than 35k, this deal really hits the sweet spot for just about any investor. Not to mention the house is a block 3/2.You will need to pressure wash the house, do some landscaping and possibly reshingle the roof on the outside of the house. On the inside, you will need flooring, kitchen and bath updates, some drywall repair and some paint. You will need some other small odds and ends repaired as well.
The comps aren’t really rehabbed either, so getting the top of the market should not be an issue. Or you can lipstick the rehab and save some money.
Rainbow Lake Estates, No HOA
Assignable
Est. Rehab: $30,000 – $35,000
Est. ARV: $110,000 – $120,000
Recent Area Sales / Activity:
- 21236 SW Peach Blossom St – 3/2, 1176 SF – Sold 5/23/19 for $80k
- 20585 SW Robin Dr – 2/2, 1204 SF – Sold 1/11/19 for $105k
- 21449 SW Honeysuckle St – 2/2, 1149 SF – Sold 4/1/19 for $122k
- Address: SW Idlewild St., Dunnellon FL 34431
- Price: $58,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Garage/Carport: 2 Car Garage
- Total Square Feet: 1112
- Construction Type: Block
- Year Built: 1983