Priced for quick sale - Motivated seller! Attention investors! Huge potential for profits! Bring your tools and vision for this POOL home! With a pristine pool and outdoor area, you mainly need to focus on updating the inside of this home. It has great bones - it just needs good vision now! With a converted garage, this home has 4 bedrooms and 2 full bathrooms. Estimated resale value after renovation is $260-275k. Could also be a good flip and hold property for an investor. The home was renting out for $2,000/month room by room in its current condition. Seller will make no repairs to the home. The roof, water heater, and AC are all old and need replaced. THIS HOME WILL NOT QUALIFY FOR FHA OR VA LENDING. Seller is open to a fix and flip loan with the following terms: $30k down payment, a 1 year balloon, 10% interest rate, and 2 points. This allows you to buy, flip, and resell without getting a regular loan. Call co-listing agent for a private showing if you don't have an agent!
Listing courtesy of Pensacola Bay Realty, LLC. Selling Office: Better Homes And Gardens Real Estate Main Street Properties.
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