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Key Details
Sold Price $162,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,203 sqft
Price per Sqft $134
Subdivision Deltona Lakes Unit 21
MLS Listing ID O5950514
Sold Date 08/09/21
Bedrooms 3
Full Baths 2
Construction Status Inspections
HOA Y/N No
Year Built 1989
Annual Tax Amount $2,795
Lot Size 10,018 Sqft
Acres 0.23
Property Description
In such a bullish market, here is finally something that gives opportunity with good margins - This property is a "fix and flip" or BRRRR special... With not that much sq footage to cost an arm and a leg it wont take too much material to really make this place nice - Deltona is one of the leading cities in FL for being "rent rich" and holding successful rent rolls. This property is your definition of a "fix and flip" or you can easily work the "BRRRR" strategy which is one of my personal favorite ways to invest in real estate out there. These kind of properties make the coolest before and after projects and the kind of pickups that are great for investors looking to start in the real estate space - This property can also be perfect as a starter home for a smaller family that wants to buy under market value and make it their own and as they grow out of the house you can then add it to your rental portfolio as a "cash flowing" property -Fun Fact Amazon 1 million sq ft that will hold thousands of employees needing housing - proj in next 1-3 years for completion
Location
State FL
County Volusia
Community Deltona Lakes Unit 21
Zoning R-1
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Fireplace false
Appliance Other
Exterior
Exterior Feature Fence, Other
Utilities Available Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame,Wood Siding
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with EQUITYPRO LLC
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