$50k+ Potential Profit on this Palm Bay Home! Sold

  • $135,000 + CC
  • 4 beds
  • 2 baths
  • 1465 sqft

Great rehab opportunity! Would be a great starter home or rental. Roof is about 10 years old. Electrical panel has been updated. Windows and exterior doors are approx 2 years old. Existing tile can be cleaned or replaced.  Fully fenced in yard.  City water & city sewer!

Renovations Needed & Estimated Cost:
• Minor drywall repairs $300
• Interior doors $350
• Texturing 1500
• Paint interior and exterior $3000
• Kitchen cabinets 3000
• Granite Countertops 2000
• 2 bathrooms $5500
• New appliances, $2000.00
• Carpet bedrooms $1100.00
• Some interior door slabs need replace. $400
• 2 pieces of facia metal replaced. 100.00
• Water heater $600.00
• New locks and door hardware $250.00
• Possible new AC system System works fine but is older $3500.00
• 1 Duct repair $150.00
• Cleaning $200.00
• Mulch/landscape $500.00

Total Est Rehab: $20,000
ARV: $210,000

This is an assignment of contract.  Cash or Hard Money only!  Buyer pays closing costs.  $3000 non-refundable earnest money deposit.  We’ll be planning a group showing in the near future if not sold site-unseen.

Price:
$135,000 + CC
Address:
1461 Creel Rd NE
Palm Bay, FL 32905
Square Feet:
1465
Lot Size:
.23 acre
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1974
Const. Type:
Wood with Stucco

Call (321) 914-5546 for more details

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