Great Section 8 Rental or Investment Property in Melbourne
Address: 2101 Cheryl Ct. Melbourne FL 32905
5 bedrooms/3 bathrooms
1872 Square Ft.
Purchase Price: 69K + Closing Costs
Rehab: This house needs mainly cosmetic work. The windows, doors, tile and bathrooms have been updated but the kitchen, carpet, and paint are going to be your main expenses.
After Rehab Value: 115-120K
Here are some comparables that have sold within the area...
| 2375 Ricky Rd | $ 110,000 | 9/11/2008 | 1,372 | 4/2 open parking, smaller sq/ft | RESALE AFTER FIXED UP | ||||
| 1987 Sarno Rd | $ 63,000 | 9/22/2008 | 1,276 | 4/2 carport, needed a lot of work | PURCHASE | ||||
| 999 Collins St | $ 62,000 | 10/3/2008 | 1,426 | 3/1 open parking, needed about 35K | PURCHASE | ||||
This house has a lot of potential with not a lot of work! With the size of this house it would be a great Section 8 rental or flip. Appointment would be required so call me or Nathan (321.695.4175) if you're interested and I'll set something up (Please drive by until notified, thanks). Like always a $2000 non-refundable check and signed contract will lock up the deal.
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