🏚️🔥 CHEAP 125k Sanford Flip 🔥🏚️

Description

These super cheap flips just don’t come up too often. Great chance to get into a property for a low price point. Sanford has been growing like crazy and the demand for updated properties is as high as ever. The house needs a good amount of work.

💡 Re-wired in 2003
🏞️ Huge 200 ft deep lot
🪵 New sub flooring and floor joists in kitchen
🛠️ New AC ductwork and ceiling in kitchen
🪠 Partial replacement of sewer line – sewer line was replaced from house to sewer in the back yard
Subflooring makes it easy to work under the house.

💵 Comps:

2300 S PALMETTO AVENUE; 2 bed/1 bath; 1,114 sf; Sold $315k; Built 1938; Wood frame
2307 MAGNOLIA AVENUE; 2 bed/1 bath; 1,000 sf; Sold $305k; Built 1932; Wood frame
1113 E 7TH STREET – 2 bed/1 bath; 672 sf (over 400 sf smaller); Sold for $208k last month
2403 STEVENS AVENUE; 2 bed/1 bath; 988 sf; Sold $255k
2433 PRINCETON AVENUE; 2 bed/1 bath; 876 sf; Sold $245k
1421 S PARK AVENUE – 1 bed/ 1.5 bath; 792 sf; Active at $290k
1909 S SUMMERLIN AVENUE – 2 bed/1 bath; 725 sf; Sold at $205k (this was a really bad flip. Can see in pics how bad quality was, which means in person it was even worse)
805 E 20TH STREET – 3 bed/1 bath; 1,204 sf; Active at $365k