Rehab Property For Sale

3805 NW 17th St, Gainesville, FL 32605

$185,000 After Repair Value -
$110,000 Asking Price -
$60,000 Cost of Repairs =
$15,000 Potential Profit

Property Details

Asking Price $110,000

After Repair Value $185,000

Costs of Repairs $60,000

Potential Profit $15,000

Living Area N/A

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

ARV: $180k

GREAT INVESTMENT OPPORTUNITY here we have a home on almost a half acre, 0.46 acres, city has already said its ok with splitting the lot and putting two homes on parcel. Kind of a duplex situation with lot size. Current house on lot needs renovation. Solid foundation in concrete block exterior. Nice screened-in front porch area for lounging. 2 bedroom/ 1 bath home but room for a 3rd, 1122 square feet. 3 miles from University of Florida campus, great area to use as a rental property for UF students. Great opportunity for a buy and holder, rents in the area are going for $900-$1200 for 2 bedroom but with the space can convert into 3 beds. Also for the fix and flippers homes in the area are selling for upwards to $165k but with almost an acre of land and room for another potential building income potential increases.

1029 NW 36th Rd: 1/1 Sold on 11/6/20 for $177k
724 NW 30th Ave: 2/1 Sold on 9/11/20 for $195.5k
4148 NW 13th Ter: 3/1 Sold on 8/12/20 for $215k
1211 NW 30th Ave: 2/1 Sold on 1/27/21 for $$167k

Contact me for video walkthrough of property at -

Repairs Needed



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