Historic 3/1.5 Eustis Home!

[Foster Algier]

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

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S Grove St, Eustis, FL 32726

INVESTMENT: $85,000

ARV: $155,000-160,000 +/-

Rehab: $40,000 +/-

3 Bedroom 1.5 Bath

2,108 SqFt

Built: 1910

Construction: Asbestos/ Siding/Wood Frame

HOA:$0

House is centrally located and is close to the town of Eustis. Needs full rehab but has good bones. Much of the flooring can be kept and refinished. Kitchen and baths need updating, and house needs paint inside and out. Much of the siding can be pressure washed and painted over. A good landscaping will go a long way with this house as well. Although this house is older and needs a full rehab, getting a flip under $100k is nearly impossible in today's market, let alone at $85k!!! The rock bottom price point mitigates most of your risk from an older style house!

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier, Licensed Real Estate Agent, GRI

Real Estate Investment Source of Central Florida LLC