Amazing Pine Castle Fixer Upper – 6204 Lee Lan Dr. Sold

  • $162,000
  • 4 beds
  • 2 baths
  • 1986 sqft

CALLING ALL SEASONED REHABBERS LOOKING FOR AN INCREDIBLE PINE CASTLE FIXER UPPER!!!  If you’re in the market for a great investment property, take a look at this 4 bedroom, 2 bath, 1986 Sq. Ft. single family home located in the Pine Castle area of Orlando.  This neighborhood is perfect for those seeking single-family homes. This is a varied community, with homes representing a wide range of time periods and styles. In general, 4 bedroom homes in the Pine Castle area sell for between $207,500 – $285,000 and sit on 1/4 – 3/4 acre lots with three bedrooms and two bathrooms.

The home has good bones with original hardwood floors and will need a Mid to Full renovation which should take 60 days to complete.  Homes with pools in move in condition don’t come by often in the Pine Castle area, and when they do they move in 10 days or less.  At the moment there are no other pool home actives within the .5 mile radius of this home, making this property advantageous for any investor to market to the home buyers once fully rehabbed and ready to be sold.

In addition to the large pool the real “Sizzle Feature” this property is the 352 Sq. Ft. detached out building that can be used as a “She Shed”, Man Cave, Gym, Office, Etc. If you get that right, this property will sell for top dollar very quickly. Once completed, would easily generate a 12-15% profit.   Renovated properties in this community are taking an average of 35 days to go under contract and are selling for $142.28 per Sq./Ft.  Hurry!  Make an offer ASAP!  Properties like this don’t last long.

As-Is Value = $184,936

Conservative After Repair Value = $282,568

Estimated Repairs = $49,650

WHOLESALE CASH PRICE =$162,100

Terms

This property is available via our “Assignment Program”. We have entered into a purchase contract with the current owner to buy the property.  We will sell our equitable interest in this contract to a third party via assignment for a fee. A local, reputable title company and/or attorney will be enlisted to handle the closing and transfer of title.”

 All properties are sold for cash or hard money on a “First Come, First Served basis”. Buyers responsibility to do your own due diligence and verify all information. Prices are NET to seller with buyer paying all closing costs, including any Agent/Broker commissions. Opinions of value/rents are given as a courtesy and no guarantees are expressed or implied. A minimum of $2,000 deposit and fully executed assignment agreement required to secure the property. Our properties move fast so contact us quickly if you have an interest in purchasing this property.

Price:
$162,000
Address:
6204 Lee Lan Dr.
Orlando, FL 32809
Square Feet:
1986
Lot Size:
.67
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1957
Const. Type:
Concrete Block
MLS #:
O5735473

Additional Features

In addition to the large pool the real "Sizzle Feature" this property is the 352 Sq. Ft. detached out building that can be used as a "She Shed", Man Cave, Office, Etc. If you get that right, this property will sell for top dollar very quickly.

Call 407-848-1400 for more details

Property Location

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