Light Rehab Inverness Flip – Devonshire Road, Inverness, FL 34450 Pending

  • $79,900
  • 3 beds
  • 2 baths
  • 1,285 sqft

Everyone loves a property that checks all the boxes. This home features 2 bedrooms, 2 bathrooms, an attached garage, and is located in a great neighborhood. The roof is less than ten years old and appears to be in great shape. This property has central heat and air that appears to be in good condition as well. We recommend a cosmetic rehab to give the kitchen and bathroom a nice face lift, as well as replacing the flooring as needed. Additionally, new tile flooring and carpeting were installed within the last few years. Property is on well and septic. Both have been regularly maintained. The well has a new soft water filter that is serviced quarterly. Although being advertised as a flip, this property would also work as a rental and should generate $950 per month. Properties in this area and with these features tend to move quickly.


  • After Repair Value:  $140,000
  • Closing Costs to Buy:  $2,500
  • Rehab Projection:  $28,250
  • Utilities:  $500
  • Closing Costs to Sell:  $5,625

Comps:
8732 E. Devonshire Rd., Inverness, FL 34450
  • $166,000
  • 3 bed / 2 bath
  • 1,460 sq ft
  • Sold 09/09/19
155 N HORSE PRAIRIE ROAD , Inverness, FL 34450
  • $174,500
  • 2 bed / 2 bath
  • 1,280 sq ft
9582 E PEACHTREE LANE , Inverness, FL 34450
  • $162,000
  • 3 bed / 2 bath
  • 1,584 sq ft
  • Sold 07/22/19
Price:
$79,900
Address:
Devonshire Road
Inverness, Florida 34450
Square Feet:
1,285
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1980

Call 321-766-9338 for more details

Property Location