Multiple Property Deal in Orlando/Taft – 2nd St. Orlando, FL. 32824 Pending

  • $219,900
  • 5 beds
  • 3 baths
  • 2,505 sqft

Two houses for the price of one in Taft! Houses sit on adjacent lots. One property is 3/2 1846 SQFT and the other is a 2/1 659 SQFT. Buy both properties today for $219,900.

Houses both need standard cosmetic rehab. Your basic kitchen, baths, flooring, paint etc.  We recommend doing the rehab, but your options are limitless. Demo the smaller one and start over, or even combine the lots. Really a blank canvas.
You are buying in a great area. This neighborhood is both 10 minutes away from the Florida Mall and Orlando International Airport. There are only two other active properties within a mile radius with the next cheapest active being $215k.  Properties in Taft don’t come along too often, so get in while you can!
The ARV we came up with is a very rough estimate.  It was extremely hard to comp so be sure to do your due diligence and run your numbers thoroughly.

  • ARV:  $320k – $340k
  • Rent/mo:  $2,300 – $2,600
  • Rehab:  $50,000+/
  • Garage:  1 Car
  • Taxes/yr:  $2,591.06
  • Subdivision:  Taft

COMPS:

  • 1203 2nd St. – 2/1 1228 SQFT sold for $175,000 on 6/27/19
  • 9524 2nd Ave. – 2/1 880 SQFT sold for $100,000 on 4/22/19
  • 926 9th St. – 1/1 321 SQFT sold for $95,000 on 2/10/2019
  • 421 1st St. – 3/2 1,229 SQFT sold for $145,000 on 3/18/19
Price:
$219,900
Address:
2nd Street
Orlando, Florida 32824
Square Feet:
2,505
Lot Size:
0.6987 Acres
Bedrooms:
5
Bathrooms:
3
Terms:
For Sale
Property Type:
Home
Year Built:
1940
Const. Type:
Block

Call 321-766-9338 for more details

Property Location