Overview
- 3 Bedrooms
- 1 Bathrooms
- 1,500 ft
- Year Built: 1940
Description
Explore the potential of this 3-bedroom, 1-bathroom single-family home located in the heart of Lake City, FL. This 1,500 sq ft property offers a fantastic opportunity for investors looking to capitalize on a property with high appeal and significant return potential.
Property Highlights:
🛏️ 3 Bedrooms & 🛁 1 Bathroom
🏠 1,500 Sq Ft of Living Space
🌳 0.29 Acres of Land
🚗 Carport for Convenient Parking
🏗️ Concrete Block Construction
❄️ Central Cooling & Forced Air Heating
🔨 Renovation Estimate: $35K
💰 ARV: $235K
🚗 Close to Shopping, Dining, and Amenities
🌲 Located within City Limits but Feels Secluded
This property is conveniently located within city limits, providing easy access to shopping, dining, and other amenities while maintaining a secluded feel. The solid concrete block construction and central heating and cooling systems make it a durable and comfortable home. With a minimal renovation investment, this property can be transformed into a high-value asset.
Comps:
🏡 363 SE Saint Johns St, Lake City, FL 32025
3 BD/2 BA, 1,344 Sq Ft
Sold for $215,000 on 05/28/24
Well-renovated
🏡 779 SE Defender Dr, Lake City, FL 32025
3 BD/2 BA, 1,647 Sq Ft
Sold for $255,000 on 04/01/24
Not renovated
🏡 111 SE Lofton Glen Glen, Lake City, FL 32025
3 BD/2 BA, 1,566 Sq Ft
Sold for $233,000 on 03/21/24
Not renovated
🏡 817 SE Teakwood Ter, Lake City, FL 32025
3 BD/2 BA, 1,522 Sq Ft
Sold for $220,000 on 01/19/24
Not renovated