WE ARE SELLING OUR ASSIGNABLE PURCHASE CONTRACT
๐ ๏ธ ๐ฅ Corner Lot Brick 3/2 Opportunity in New Warrington at a great Price!
๐ Property Highlights:
Incredible Value: 60% of After Repair Value (ARV 256k)!๐
- ๐ก 111 S Jamaica St 3/2 1,432sqft SOLD 2/13/24 $247K ($172/sqft) .49mi
- ๐ก 1425 Poppy Ave 3/2 1,595sqft SOLD 2/5/24 $$279K ($177/sqft) .41mi
- ๐ก 210 Delray Dr 3/3 1,200sqft ACTIVE $295K ($246/sqft) .43mi
๐ธ Rental Potential: $2,000-2,300๐ธ
๐ค$489/mo cash flow with a 1.39 Debt Service Ratio and a 13 CAP in a class A/B neighborhood.
Off-Market Gem: Grab this deal before it hits the market! ๐
HOA: None ๐ซ
Location: Situated on the very active New Warrington Subdivision, in Pensacola FL. Just minutes to downtown and a bridge away from NAS. ๐ด
Lots of flips and rental activity in that area, plenty of opportunity to serve the housing demand.
๐ต Asking Price: Just $157,000: A steal for savvy investors! ๐ท๏ธ
๐จEstimated Rehab: ~22-47Kย costs will vary with every investor
๐NEW!!– Roof!
โ HVAC is 2006
โ Copper wiring
Needs —
๐ฟ Leak under kitchen repaired.ย
๐ฆRebuild HVAC return cabinet
๐ Minor cosmetic updates throughout.
๐ช Could use: paint and updating throughout, updated wiring.
๐Photos
ย ๐ View Our Buying Process
๐ฃAttention Investors!
This is your chance to own a solid rental at an incredible price. The flip potential is strong, with the ARV price point well into the highest demand and affordability range. Whether you’re into flipping or renting, this property offers flexibility and profit potential.
WE ARE SELLING OUR ASSIGNABLE PURCHASE CONTRACT
#RealEstateInvesting #FixAndFlip #PensacolaRealEstate #OffMarketDeals #HighReturnInvestment #CashFlowProperty #InvestmentOpportunity