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1701 N Bumby Ave
Orlando, FL 32803

Asking Price: $89,000
Estimated Value: $175,000


Bedrooms: 2
Bathrooms: 1
Square Feet: 868
Type: Single Family
Tags: As-Is, Fixer Upper, Wholesale, Motivated Seller


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Posted 89 days ago and viewed 288 times.
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Comments:
Wow...what a deal in Colonial Town! This house is within walking distance to Leu Gardens and is close to Downtown Orlando and Winter Park. Property is priced at $113,000 under its taxed assessed value! The potential is there to rent and hold or quickly flip for a sizable profit.

1701 NORTH BUMBY AVENUE, ORLANDO, FL 32803
-2 Bedrooms, 1 Bathroom, 1-Car Carport
-868 Living Square Footage
-Concrete Block Construction
-Corner Lot
-Original Wood Floors
-Bright Layout with Entertaining/Dining Room
-Fenced Yard
-Mature Fruit Trees

VALUES:
-Zillow: $199,500
-Tax Assessed: $216,844 (2007 Certified), $202,666 (2008 Working)
-Previously Sold: $264,000 (8/30/2005)
-After Repair Value (ARV): $175,000 +

SOLD COMPS (LAST 6 MONTHS WITHIN 1 MILE OF SUBJECT):
-1400 Margate Ave (2/1 - 945 SF) sold for $201,000 on 9/12/2008
-1503 E Marks St (3/1 - 1069 SF) sold for $219,900 on 9/2/2008
-1334 Belgrade Ave (2/1 - 867 SF) sold for $207,500 on 8/22/2008
-2940 Parkland Dr (3/1 - 950 SF) sold for $145,000 on 7/24/2008
-1423 Virginia Dr (2/1 - 995 SF) sold for $194,500 on 5/14/2008
-1951 Laurel Rd (2/1 - 1040 SF) sold for $255,000 on 5/5/2008
-1311 Spokane Ave (2/1 - 872 SF) sold for $221,500 on 4/18/2008
-2019 Weber St (2/1 - 988 SF) sold for $187,400 on 4/17/2008
-2961 Parkland Dr (2/1 - 750 SF) sold for $180,000 on 4/7/2008

PROPERTY INFO / REHAB DETAILS:
-Central A/C already in place
-Kitchen cabinets look decent
-Needs wood, drywall and roof repairs, refinish wood floors, paint, landscaping, and general updating
-Fantastic potential

YOUR PRICE...ONLY $89,000 (51% OF ARV!)

Cash or hard money only. Buyer pays all closing costs.

Call 407-443-4506 or e-mail info@franklinrun.com for more information and/or showing instructions.



© Zillow, Inc., 2006. Use is subject to Terms of Use
1701 N Bumby Ave, Orlando, FL
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