Property Listing

Great Investment Opportunity! SOLD!!!


Property Overview

Off Market Deal!!

3/2 on 0.92 acres

Cantonment, FL


 

We are selling our Assignable Purchase and Sale Agreement for:

$75,000

  • 3 Bedrooms 2 Full Baths
  • 0.92 Acres
  • 1447 sqft plus a 376 sqft sunroom 
  • 1823 Total sqft of living space
  • Built in 1977

This is a great 3 bedroom ranch style home in a quiet, well-established neighborhood within minutes of the Paper Mill and highly sought after schools.  The home consists of a large kitchen and dining area, nice large living room with brick fireplace, 3 bedrooms and 2 full baths.  There is also a bonus room that could easily be converted to a 4th bedroom or an office area.  This home is located on almost an acre, the lot is very private and set back from the road a bit.  There is an almost 400 sqft sunroom attached to the back for added living space, as well as an attached utility room for storage.  There are also two sheds in the back corner of the lot.  The property previously had an above ground swimming pool and all the professional grade electrical wiring is still in place so adding a pool would be as simple as setting it up and filling it with water.  Plenty of space for building a large shop/garage.  Siding needs to be replaced due to wood rot near the front door.  A termite inspection was completed by 2 different companies and both found no evidence of termites.  Will provide termite bond estimates upon request.  Lot's of potential with this property!  This is a fantastic income producing opportunity that won't last long!

Fix and Flip

  • Purchase Price:  $75,000
  • Estimated Repairs: $35,000
  • After Repair Value: $145,000
  • ROI: 18%

Buy and Hold

  • Purchase Price:  $75,000
  • Estimated Repairs: $20,000
  • Rental Income:  $1200/month

 

All repair estimates are figured with the cost of hiring a contractor to perform all work, estimates will vary and may be lower depending on your own exit strategy.

Cash or Hard Money Purchase - No Seller Financing

Agents, please add your commission to any offers.

Please contact Adele at (850) 710-0710 for more information or to schedule a viewing.

 

Property Details
Beds3Baths.2Square Ft.1446 plus 376 sqft Sun Room
WaterCityRooms3 beds plus bonus room could be 4th bedroom or officeSewer/ SepticSeptic
Lot Size0.92 acresYear Built1977StyleRanch
HeatingForced airShed Yes - 2Cooling Forced Air
Fenced Lot Yes
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