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πŸšοΈπŸ”¨Fix &Flip great profit !! Gainesville FL

Price
$159,000
Est. Resale Value
$350,000
507 NW 2nd St, Gainesville, FL 32601, USA, ,

Overview

  • 4 Bedrooms
  • 1 Bathrooms
  • 1,499 ft
  • Year Built: 1930

Description

The property at 507 NW 2nd St offers an exceptional opportunity for a fix and flip project in the heart of Gainesville, FL. This home has great potential for significant value appreciation through a comprehensive renovation. With its prime location and the right updates, this property can be transformed into a desirable and profitable investment.

Exterior Renovations:

Facade Enhancement: Refresh the exterior with new paint, updated siding, and restored architectural details to enhance curb appeal and maintain the neighborhood’s charm. πŸ›οΈπŸŽ¨
Roof Replacement: Address any roofing issues to ensure long-term durability and protection. πŸ πŸ”§
Energy-Efficient Windows: Install new, energy-efficient windows to improve insulation and reduce utility costs. πŸͺŸπŸ’‘
Landscaping: Professional landscaping to create inviting outdoor spaces, including new sod, plants, and hardscaping elements. 🌳🌷
Front Porch Update: Restore or update the front porch to enhance the welcoming appearance of the home. 🌿πŸͺ‘
Interior Renovations:

Open Floor Plan: Reconfigure the interior layout to create an open floor plan, improving space and flow between the living room, dining area, and kitchen. πŸ“πŸ›‹οΈ
Modern Kitchen: Fully renovate the kitchen with new cabinetry, quartz countertops, stainless steel appliances, and a stylish backsplash for a modern, functional space. 🍳✨
Bathroom Upgrades: Update all bathrooms with new fixtures, vanities, tile work, and lighting to provide a contemporary, spa-like experience. πŸšΏπŸ›
Flooring Replacement: Install new hardwood floors throughout the main living areas and high-quality carpeting in the bedrooms for a fresh, cohesive look. πŸͺ΅πŸ›οΈ
Interior Painting: Fresh, neutral paint throughout the interior to create a clean, modern aesthetic. πŸŽ¨πŸ–ŒοΈ
Mechanical and Structural Upgrades:

Electrical System Update: Upgrade the electrical system, including new wiring, outlets, and a modern breaker panel to ensure safety and reliability. βš‘πŸ”Œ
Plumbing Overhaul: Replace old plumbing with new pipes and fixtures to ensure dependable water flow and temperature control. 🚰πŸ”₯
HVAC System Installation: Install a new, energy-efficient HVAC system for optimal climate control and reduced energy costs. πŸŒ¬οΈβ„οΈ
Foundation and Structural Repairs: Inspect and repair the foundation and structural elements to ensure stability and longevity. πŸ—οΈπŸ› οΈ
Market Analysis:

Comparable Properties: Research recent sales of similar renovated homes in the area to set a competitive after repair value (ARV). πŸ˜οΈπŸ“ˆ
Neighborhood Appeal: Highlight the property’s location near local amenities, schools, parks, and public transportation, making it attractive to potential buyers. 🏞️🚌
Conclusion: 507 NW 2nd St, Gainesville, FL 32601, presents a prime opportunity for a fix and flip project with significant profit potential. With strategic renovations and updates, this property can be transformed into a modern, attractive home, ready to meet the demands of today’s buyers and yield a substantial return on investment. πŸ‘πŸ’°

Address: 507 NW 2nd St, Gainesville, FL 32601, USA
State:
Zip: 32601
Country: United States
Open In Google Maps
Property Id : 185694
Price: $ 159,000
Property Size: 1,499 ft
Bedrooms: 4
Bathrooms: 1
ARV: $350,000
Property Type: Single-Family
Parking: Driveway
Year Built: 1930
Lot Size: 0.12 acres

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