Property Description
9419 5th Ave. ($45,000.00) Orlando, Florida 32824 3 bd. / 2 ba. / 1 car garage 1185 sqft. Built in 1989 Block construction Vacant – Call for instructions! Great value in a high demand area near the Orlando International Airport with easy access to I-Drive, Sea World and Disney World. This property is within walking distance of parks and is in a great rental area. This requires a complete rehab, but would provide positive cash flow for years to come. Has central AC, fenced backyard, mature landscaping, and should rent for $850-900/month. The roof looks in good shape, the AC condenser is newer, but will need to address the mold, and it will need complete rehab (walls/ceilings, some new windows, appliances, water heater, flooring, paint and landscaping). Zillow value is $139.5k, Real Quest value is $125k, Tax Assessed at $114.5k and bank was owed $182,676. In a high demand area: 32824 zip code has 193 current pendings!!! Cash, hard money or private funding only. We have handyman specials, under market value, foreclosures, probate, REO's and rental investment homes. Properties added daily. Visit our website: www.facsold.com. COMPS: -1203 2nd St (2/1, 1128 SF) sold on 1/5/2009 for $100,000 -3rd Ave (3/2, 1259 SF) sold on 11/21/2008 for $156,000 -1688 Sage Creek Ct (4/2, 1332 SF) sold on 10/24/2008 for $164,000 -437 1st St (4/2, 1332 SF) sold on 9/25/2008 for $100,000 ARV = $90k
* Est. payment based on 20% down and a 30-year fixed rate of 5.375%
