7632 ORANGE PLACE, ORLANDO, FL 32810
SINGLE FAMILY HOME
2 Bedrooms / 1 Bathroom
Sqft: 840 (1,248) sqft
Year Built: 1935
Lot Size: 0.3358 acres
Rehab: Light – Moderate
ARV: $159K – $200K
Monthly Rent: $1000+/-
Subdivision: Riverside Park
This is a clean off-market flip or cash-flow with equity in North Orlando/Lockhart area. The house sits on a large 1/3 acre lot and backs up to a canal/waterway that feeds into Lake Lovely. I doubt you could use it to access the lake but its a nice addition when it comes time to flip this property on your end. House also features new ductwork and mini split on the AC, a newer roof in great condition and the septic is only a year old.
As far as rehab goes, the previous tenant left the property in good condition so only some cleaning and minimal work needed to rent this out. For a flip as a 2/1 it just needs paint, floors, kitchen cabinets and miscellaneous cosmetic updates. Its just a light rehab and get it on the retail market for a quick sell.
This could also easily be converted to a 3/2. There is an extra 408 SQFT between the screened porch and the finished utility area that if converted to a 3rd bedroom, a 2nd bath and 1,248 SQFT could possibly up your ARV an extra $40,000.
This property has many options for any investor and is at a price point thats hard to pass up. When deals like this come around they are snatched up quick. Don’t miss out on another one!
Available on 02.12.2021
Don’t let this excellent opportunity pass you by! Get it yours now!
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The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the property at the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement