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215 Malauka Loop, Ocklawaha, FL 32179

215 Malauka Loop, Ocklawaha, FL 32179

3 beds 2 baths 2,194 Sqft

Closed at $165,000
$77.35/sf

Description:

Closed   -  House for sale

Note: This property is not currently for sale or for rent on beycome. The description below may be from a previous listing.

This property has NON-PAYING tenants. Yes, it has tenants with an expired contract several years ago. They were paying $1,000 per month but haven't pay anything in a long time. The potential buyer must be CASH or HARD MONEY. Conventional financing wouldn't qualify because of the tenant's situation and the condition of the house. House sold AS-IS with existing tenant. New buyer responsible for dealing with tenant and existing situation. No security deposit. No payments. Open house Saturday, 08/21/2021 from 11:00 am to 1:00 pm Property address: 215 Malauka Loop. Ocklawaha, Fl. 32179 Sales price: $169,700 ARV (after repair value): $280,000 Estimated repairs: $40,000 approximately. (maybe even $35,000) Beds/Baths: 3/2 Size: 2,194 sqft. Lot: 10,000 sqft. Construction type: Block Garage: 2 car garage Built: 2007 Cash or hard money. Conventional might not get approved because of the condition of the property. Amazing deal with this property located in a newer neighborhood with tons of new builds going on. Strong comparables at an average of $128 to $133 per sqft. The property was an amazingly beautiful a couple of years ago, but current tenants have totally damaged it by having a kennel inside the house with 12 dogs. All inside the house running around and destroying the house. $40k would totally complete the job. As you can see in the pictures, the property needs the following: Kitchen: Approximately $8,000 Both bathrooms: Approximately $3k each = $6,000 Interior and exterior paint: $5,000 Landscaping: $2,000 Flooring: $7,000 Baseboards: $2,500 Frames and doors: $2,500 Appliances: $4,500 Miscellaneous: $2,000 Everything else is in great condition. Roof, plumbing, electricity, A/C, windows. Do not wait for a better deal because there won’t be one. Investors from Tampa, keep in mind Ocklawaha is 2 hours away from Tampa but this is a great deal with lots of equity. Please, Please, Please: DO NOT DISTURB THE TENANTS.

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MLS: #O5963747

Location

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Facts and features:

Status: Closed

Listed Date: 08/04/2021

Days On Market: 1199

Lot Size (Acres): 0.23

Lot Size (Square Feet): 10018

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Closing:

Availability Date: 2021-08-21

Structure:

Year Built: 2007

Tax:

Parcel Number: 9031-0936-06

Open House:

 

 

 

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Score:

-ocklawaha-for-sale-215 malauka loop, ocklawaha, fl 32179-7934290

 

 

 

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