🛠️ 💥 Brick 3/1 just adjacent to Historic North Hill
We are selling our equitable rights to this property.
🔅 Property Highlights:
Its Turnkey ready for a renter today!
🔧Or flip for a $40K profit
💰Incredible Value: under 50% of After Repair Value (ARV 230-260k)!📈
💸 Rental Potential: $1,500-1,800💸 You’d have a 1.3% rent to cost ratio with $137K invested.
🤑$546/mo cash flow with a 1.55 Debt Coverage Ratio and a 14 CAP in a class B/C neighborhood.
Off-Market Gem: Grab this deal before it hits the market! 🔍
HOA: None 🚫
Location: Nestled just 2 blocks west of Historic North Hill, in and area surrounded by remodels and new builds.🌴
💵 Asking Price: Just $127,000: A steal for savvy investors! 🏷️
🔨Estimated Rehab: ~9-48K costs will vary with every investor
🌟NEW!!– Roof in April 2024
✅ HVAC is 2002 but runs strong
✅Copper wiring, does have one aluminum circuit and another circuit with grounding issue
Needs —
🚿 Ceiling repaired from when roof leaked
Could Use:
📦 electrical system addressed if flipped
💄 Updating throughout
📣Attention 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.
#RealEstateInvesting #FixAndFlip #PensacolaRealEstate #OffMarketDeals #HighReturnInvestment #CashFlowProperty #InvestmentOpportunity