Distressed Country Cottage, vacant, underwent partial renovation but unfinished. This is a classic fixer upper. Major renovation is needed. With proper renovation, projected ARV $61k. Median rent within a 3-mile radius is $550/month. Current tax assessed value, $24.5k. Prime location in North Cantonment, straight shoot to Metro Pensacola on Hwy 29. Quick access to I-65, Atmore and Flomaton, AL. Average list price for zip code 32533 is $215,464. Fix & flip or Buy & Hold, Either choice, savvy investment.
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