
Priced well below market value, this property offers significant equity upside. Comparable homes with the same floorplan in the area are currently listed at two to three times the asking price after updates. The home does require renovations, including a new roof, new windows, flooring, and interior paint, and is being offered as a cash-only sale. The fourth bedroom is located off the living room on the left side of the home and includes laundry hookups. In similar floorplans, this space has been successfully reconfigured into a larger bedroom with an added full bathroom, transforming the home from a 1-bath to a 2-bath layout. While this property currently has one bathroom, the potential to add a second has been proven within the same floorplan. The work is needed — but the reward is there for the right buyer.
Copyright© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. 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.
Last Updated: . Source: PAR (FL)
Provided By
Listing Agent: John Cho (#14556)
Listing Office: Voyage Real Estate LLC (#VRE001)

Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.