Affordable Casselberry Fixer-Upper!
We have an equity interest in this property and are selling the contract.
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Timberlane Tr, Casselberry, FL 32707
INVESTMENT: $79,900
ARV: $125,000 +/-
Rental Rehab: $10,000 +/-
Rehab: $15,000-20,000 +/-
3 Bedroom 1 Bath
1056 SqFt
Built: 1971
Construction: Wood Frame
HOA: $0
Affordable 3 bedroom home in sought after Casselberry. This convenient Seminole County location is close to schools, shopping and dining. The roof was replaced in '08 and the central AC unit looks good but should be tested. To flip it will need flooring, kitchen and bathroom updates, interior/exterior paint and appliances. There is some wood that needs to be replaced in the living area and a few broken windows. There have been several flips just like this one in the neighborhood in the 120-125K range and the ones that were done nicely went quickly. This property would also make a great cash flow rental to hold on to as rents are good in Casselberry and this area has always had strong appreciation.
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
Broker - Gold Key - G.R.I.
FLA Real Estate Services