4327 Mundella Cir, Port Charlotte, FL 33948 Available

  • $99,000
  • 3 beds
  • 2.5 baths
  • 1,512 sqft sqft

4327 Mundella Cir, Port Charlotte, FL 33948

Asking 43% of ARV – Port Charlotte property that will easily meet the 1% rental rule.

Asking Price – $99,000
Built in 1990, this 3 bed, 2.5 bath, 1,512 sqft corner lot house is in a great canal neighborhood with the average rental rates for non canal properties of $1,550 to $1,650 and an ARV of $216,000. The property has a brand new A/C, plumbing, and water heater that were all replaced in June/July 2020. The aluminum roof is in excellent condition and there is no leaks or water damage anywhere in the house.

The property does need a full interior remodel including the kitchen, bathrooms, flooring, drywall, and either removal or repair of the deck and pool. We are estimating a $55,000 rehab for everything which still allows for a 1% rental rule income (and 30% equity) after everything is done. This will be a fairly easy rehab project.

Property is empty and on a lockbox so please reach out if you would like to see it. We require a $5,000 non refundable earnest money deposit due at signing.

Available on 07.07.2020

Don’t let this excellent opportunity pass you by! Get it yours now!

Make An Offer On This Property

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Price:
$99,000
Address:
4327 Mundella Cir,
Port Charlotte, , Florida 33948
Square Feet:
1,512 sqft
Lot Size:
0.26 acres
Bedrooms:
3
Bathrooms:
2.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1990

Additional Features

4327 Mundella Cir, Port Charlotte, FL 33948 Located on a large corner lot, this 3 bedroom, 2.5 bath has a new metal roof with an above ground pool installed in-ground with a wooden deck. Nice neighborhood. Property has public water but private septic. Property needs extensive interior rehab including sub-flooring in some places (be cautious when walking through home). Inspections must be completed prior to submitting offer. Buyer pays all closing costs.

Call (954) 280-5883 for more details

Property Location