Investors....here is a solid opportunity for a fix + flip in a great Lowry Park community (literally a two minute walk to the zoo) and a few blocks west of the Hillsborough River. Property needs to be renovated, but the structure of the home is solid, and more importantly the home had a brand new roof installed ONE MONTH AGO! Very large corner lot 70 ft wide by 94 ft lot gives this home a plethora of options: 1) basic renovation and keep as 3 bdrm rental 2) retail-grade fix + flip or 3) potential for tear down and new build. The home certainly is nowhere near a tear down BUT if you google the property you'll see a 2,500 sq ft home being built DIRECTLY NEXT TO IT. We have financing available with only $14k down, and estimated payment of $325 per month. Renovate and re-sell comps: Estimated after repair value $150,000 6920 N Willow Ave - 2 bdrm 1.5 bath 922 sq ft. 1955 build. Very nice renovation. Sold for $163,000 ($177 per sq ft) 211 W Thomas St - 2 bdrm 2 bath 1,185 sq ft. 1925 build renovated semi-bungalow. Sold for $209,900 ($177 per sq ft) 6715 N Orleans Ave – Tiny, 680 sq ft house. Super basic updated home that was basically a shed is under contract for $85,000 902 W Hiawatha St - 3 bdrm 960 sq ft that needed full renovation sold for $111,000
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