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Updated almost 9 years ago on .

User Stats

978
Posts
39
Votes
Foster Algier
  • Investor
  • Orlando, FL
39
Votes |
978
Posts

3/2 in highly desirable Colonialtown!

Foster Algier
  • Investor
  • Orlando, FL
Posted

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

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

Nebraska St, Orlando, FL 32803

INVESTMENT: $199,900

ARV: $299,900+/-

Rehab: $35,000+/-

3 Bedroom 2 Bath

1,536 SqFt

Built: 1925

Construction: Frame

HOA:$0

Low priced flip in highly desirable Colonialtown! You are getting a house in one of Orlando's most desirable neighborhoods for under $200k!!! The resale on this one will be quick and simple.

This house essentially has one major hurdle in the rehab, as many of the updates have already been done. The floors need TOTALLY redone. They were laid poorly and need to be gutted. This house has a fun house effect and very wavy floors. Fortunately the house is raised, so this is very possible to do. Most of your rehab budget is going to go toward fixing the floors. The right investor who is not afraid to dig in, can turn a quick profit on a house in Orlando's hottest and fastest growing neighborhood for young homebuyers!

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

Offering