Overview
- 3 Bedrooms
- 1 Bathrooms
- 1,492 ft
- Year Built: 1959
Description
☑️ PROPERTY TYPE: SINGLE FAMILY
SUBJECT-TO DETAILS & TERMS:
Interest Rate: 5.750%
Remaining Loan Balance: ~$132,662
Monthly PITI: $1,047.10
Could Rent for: $1,400- 1,850/ month (*GREAT CASH FLOW POTENTIAL!)
(Principal $152.15 + Interest $635.67 + Escrow (Taxes and Insurance) $259.28 )
Escrow Balance: $1,814.91
Mortgage is up to date through New American Funding
Loan Type: VA
Maturity Date: 01/2053
Buyer pays all closing costs
Recent Mortgage Statement available upon request
TOTAL STARTING PURCHASE PRICE: ~$157,662 + closing costs
PROPERTY DETAILS:
3 Bed / 1.5 Bath
1,492 sqft of living space
Lot size 8,015 sqft
Built in 1959
OWNER OCCUPIED – Walkthrough by appointment – Call/Text Kati to book walkthrough: 805-750-3196
Driveway
Single Story
No HOA
New toilets and sinks in both bathrooms!!!
Newly installed AC!!!!
Garage converted to extra room
Built a new fence
7/10 nearest school grading!!!!!
15 min to Downtown Pensacola
Located near US-29 and US-90
Located near hospitals, schools, restaurants, shops, and parks!
COSMETIC FIXER – REPAIRS NEEDED – Tiles are a bit outdated, can use new doors, cosmetic updates, EASY RENT READY ASAP!
Seller motivation: Relocating
☑️ COMPS
Flip Comp – We are 244 sqft larger
3 bd 2 ba 1,248 sqft 1959 built
4514 Guerlain Way, Pensacola, FL 32505
Sold: $185,000 Sold on 03/07/24
$148/sqft= 220,816
Flip Comp- We are 135 sqft larger
3 bd 2 ba 1,357 sqft 1959 built
4518 Guerlain Way, Pensacola, FL 32505
Sold: $197,000 Sold on 03/05/24
$145/sqft=216,340
Near ARV- We are 493 sqft larger!!!
3 bd 1 ba 999 sqft 1960 built
4537 Havre Way, Pensacola, FL 32505
Sold: $169,900Sold on 04/01/24
$170/sqft= 253,640
Rental Comp- Near ARV
$1,450/mo 3 bd 2 ba 1,844 sqft 1959 built
4504 Guerlain Way #2, Pensacola, FL 32505
☑️ EXIT STRATEGY
Could Rent For: $1,400-1,850+/month
COSMETIC Fixer to flip and resell