Lakewood Estates St. Pete Fixer Upper with $53k in Gross equity!

[Michael Valerio]

Relatively simple rehab project for this block/pitched SFR in Lakewood Estates. The roof was replaced 6 years ago, as well as the windows. The owner has taken exceptional care of the property. In order to bring the property to anticipated market value, full cosmetics will need to be completed. The HVAC is going to need to be replaced. A bathroom will need to be added into the master in order to call for a value near the comps that were pulled to derive a value. If interested, I request to meet at my office first before going to the house.

[Leigh C]

90k plus lets say 10k rehab plus 50k in equity. So ARV is 150k? If so, the house needs to be over 2000 sqft to pull that kind of value.