N Duss St, New Smyrna Beach, FL 32168
Property Details Price: $69,900
HOA: 0
Single Family Home
Built in 1939
768 Square Feet
2 bed / 1 Bath
Closing Costs to Buy: $3,500
Closing Costs to Sell: $8,500
Rehab Costs To Sell: $25,000
After Repair value: > $150,000
Rental Income: $1,600 mo. or $19,200 yr.
This is a deal from one of our investors and they need out. They have already made around $50k in repairs. The city is requiring some structural issues remedied with proper permitting and these investors do not have any experience with that and would prefer to move along.
2 BR / 1 bath – a couple of miles to the beach, New central AC (inside and out), New water heater, New drywall, Bathroom retiled, Kitchen cabinets, New Floors, Lots of new lumber throughout structure and walls.
Property Needs: Roof, Structural work to meet City of New Smyrna Beach requirements, Exterior work, Finish interior. A recent comp listing for 190,000 will bump up the ARV possibly to $175,000. Current owner is very motivated.
TEXT JASON (407-455-1233) TO GET THIS PROPERTY!
PLEASE VISIT OUR WEBSITE TO SEE MORE PICTURES, facforsale.com/
We have an equity interest in this property and are selling the contract.
All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract.
Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.
Buyer will be responsible for all closing costs unless otherwise indicated.
Foster Algier Broker - Gold Key - G.R.I..
FLA Real Estate Services