NOT in MLS: 1340sqft Block Home in Seminole for only $159,900! That's $105k+ BELOW Renovated Comps! (NOT a Short Sale or Foreclosure!)
9537 Groveland St Seminole FL 33772
| Sale Price | |
| Sale Price: | $159,900 |
| Estimate Repairs: | $60,000 |
| After repair value: | $265,000 |
| Equity Potential: | $45,000 |
| Description of Home | |
| Type: | Detached Home |
| Bedrooms: | 4 |
| Bathrooms: | 1 |
| Levels: | 1 |
| Parking: | Driveway |
| Square Feet Total: | 1340 |
| Lot Size(Acres): | 5998sf/.14acres |
| Sale Comps | |
| 10997 Freedom Blvd - Sold - $270,000 | |
| 11282 91st Ave - Sold - $259,900 (not renovated) | |
| 10880 Village Green Ave - Sold - $250,000 (not renovated) | |
| Rent Comps | |
| 10800 99th Pl - Rented - $1,950 | |
| 10901 88th Ave - Rented - $1,800 | |
| 9224 111th St - Rented - $1,600 |
Additional Information
HOT OPPORTUNITY! This 4br, 1ba, 1340sqft block home in Seminole is a rare find. Overall, its in decent condition. You could simply clean up the home and rent it for $1600+/month, giving the buy/hold investor HUGE CASH FLOW! Or a rehab investor could renovate it for BIG PROFIT. In years past someone converted the garage to living space and did a terrible job running the HVAC to it. The best bet for this home is to finish it right and add a bathroom in area where the utility space is to make this a 4br 2ba home, which is why the renovation cost was raised. But 3br 2ba renovated homes in the area are selling for $265k+, so you can might be able to get more as a renovated 4br 2ba. You can buy this one for only $159,900. That's conservatively a $105k+ "spread' to work with!! Hurry, at this price it will sell FAST!!
Disclosures
All information, including figures, are provided in good faith, but are not guaranteed to be accurate. Buyers should conduct their own due diligence. We are not agents and this is not a pocket listing. We are under contract with the title holder and considered principals in the transaction. Anyone attempting to contact the title holder will be viewed as intentional interference with a contract and legal action may be brought against you. Additionally, you will be permanently removed from our mailing list and the mailing list of other major wholesalers in the area.