🇺🇸Time For A Truly Cosmetic Flip! Pending

  • $168000
  • 3 beds
  • 2 baths
  • 1296 sqft

🛠️ 💥 Investment Opportunity in the Scenic Heights neighborhood of Pensacola, FL at an Unbeatable Price!

🔅 Property Highlights:

Incredible Value: 60% of After Repair Value (ARV 280k)!📈

💸 Rental Potential: $1700-1800 💸 

Debt Service Ratio 1.21 and a 9 CAP in a class A/B neighborhood.

Off-Market Gem: Grab this deal before it hits the market! 🔍

HOA: None 🚫

Location: Situated on the very active Scenic Heights Subdivision, in Pensacola FL🌴

Lots of flips and rental activity in that area, plenty of opportunity to serve the housing demand.

💵 Asking Price: Just $168,000: A steal for savvy investors! 🏷️

🔨Estimated Rehab: ~18-35K  costs will vary with every investor

🌟NEW!!–

Roof

HVAC

Grounded copper wiring

💡 Needs —

🔧 Kitchen remodel. Move W/D to the garage

🪚 Could use: paint and flooring throughout

🔗Photos

🏡Comps:

3811 Forest Glen Dr 4/2 1539sqft SOLD 9/23 $305K ($203/sqft) Fully Remodeled

5671 Leesway Blvd 3/2 1400sqft SOLD 4/23 $314K ($232/sqft) fully remodeled w/ a pool

4295 Bonway Dr 3/2 1324sqft SOLD 11/23 $260K ($200/sqft) AS-IS

5850 Adelyn Rd 3/3 1460sqft SOLD 1/24 $290K ($201/sqft) AS-IS

 📉 View Our Buying Process

📣Attention Investors!

This is your chance to get into Scenic Heights without a lot of work to do. Could be a turn-key rental to maximize that ROI or go in for a full remodel and collect upwards of $50K!!

 

#RealEstateInvesting #FixAndFlip #PensacolaRealEstate #OffMarketDeals #HighReturnInvestment #CashFlowProperty #InvestmentOpportunity

 

Price:
$168000
Address:
3885 Summer Dr
Pensacola, FL 32504
Square Feet:
1296
Lot Size:
.2537 Acre
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1961
Const. Type:
off-grade, brick siding, asphalt shingle roof

Call (850) 485-6577 for more details

Property Location