🛠️ 💥 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
💡 Needs —
🔧 Kitchen remodel. Move W/D to the garage
🪚 Could use: paint and flooring throughout
🏡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
📣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