🔥 West King Brick 3/1 Rental or Flip Assigned

  • $127000
  • 3 beds
  • 1 baths
  • 1080 sqft

🛠️ 💥 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

🔗Photos

 📉 View Our Buying Process

📣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

 

Price:
$127000
Address:
805 W De Soto
Pensacola, FL 32501
Square Feet:
1080
Lot Size:
4447
Bedrooms:
3
Bathrooms:
1
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