Rehab Opportunity Delray Beach $109900 2bd 1100ft2

Price: $109,900.00 CA$H ONLY

Address: Contact for Address
Bedrooms: 2
Bathrooms: 2
Livable Area: 1,100 sq. ft.
Description:

• Quaint 2/2 in the 55 and older community Lakes of Delray just east of the Turnpike on Atlantic.
• NO DAMAGE FROM HURRICANE IRMA. Association had already begun to replace the roof on the building prior to the storm.
• Unit is in excellent shape, but hasn’t been updated in 30 years.
• Repairs needed: Update the kitchen, both bathrooms, flooring, and paint. In order to make this unit on par with the closed sales at $165k+, you also need to open the wall between the kitchen and family room.
• This amazing deal is listed for only 65% of the ARV! You can’t find great deals, with strong comps like these anymore!
• No resale restrictions. No time restrictions for rental. Tenants must be 55 or older, approved by HOA, and leases must be written for a minimum of 6 months.

To submit an offer, or for more information, contact Brad Freeman with Bank On It! Realty.
I am a real estate investor, as well as a licensed real estate agent.
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