Investment with Potential and Versatility in College Park! Discover the boundless potential of this two-story property in the recognized Dubsdread Golf Course neighborhood in Historic College Park. Spanning over 3, 700 square feet on a spacious lot, this 3-bedroom, 2.5-bathroom home is brimming with investment opportunities. The smart layout features two bedrooms on the main level and an exclusive master suite on the second floor overlooking the wooded surroundings. This residence, in need of some repairs, is a golden chance to customize and increase its value, with very strong comparative recently sold homes ( 340 MASHIE Lane that recently sold over over $1Million, only 3, 269 sqft, and the lot next door will be built into a much smaller home, only 2, 327 sqft, and currently listed for $725, 000), potentially making this project a very profitable one for the savvy investor. Think ahead with the versatility provided by the large backyard workshop: with electrical hookups already in place, it can easily be converted into a modern studio apartment, perfect for rental or as a private guest retreat. This unique feature not only increases the living space but also offers additional income potential, further enhancing the home's appeal as an investment. The interior is ready to be transformed, with a main dining area showcasing rustic finishes and an additional living room with a fireplace that invites relaxation. The second floor includes an extra kitchen and a loft with built-in shelves, adding functionality and charm. The property benefits from natural light and a design awaiting a visionary makeover. Adding to its charm and potential, the property offers significant financial benefits: working with our preferred lender (Home 1st Lending, which is the #1 ranked lender in central FL according to Zillow), the seller will credit an additional $2, 000 which could go towards your closing costs or buying down your rate! With its prime location near downtown Orlando, this hidden gem is a smart investment promising notable returns and the dream lifestyle in one of the city's most coveted neighborhoods. Also take advantage of the Hometown Heroes Downpayment Assistant program! Seller is open to accepting Homestyle Renovation loans.
Inside Area (SqFt)
Sq Ft Source
Friends & Family
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2023, Stellar MLS.
Data last updated at: 2023-11-28 07:40 AM EST