Listing Details for MLS #O6115410 - 11189 Watercrest Avenue, Port Charlotte Fl 33981, Port Charlotte, Fl 33981

Residential Property - Single Family Residence in Port Charlotte

SOLD for $250,000 on July 5, 2023

Listing Price: $250,000Sold Price: $250,000Sold Price/List Price: 100%Days on Market: 8

Description of Property

Are you searching for an amazing deal on a home or investment property in East Englewood? Look no further because you've just found it! This stunning 2/2 home with a spacious 2-car garage and 10,210 sqft of land is just waiting for a new owner to give it some love. The home features the following renovations since 2016: ew hip roof, new septic tank, updated bathrooms, new interior doors, new stainless steel appliances, outdoor living area with fire pit, and new tiled flooring throughout the home. The property was hit by the hurricane and although it survived the storm admirably, some work is required. Some of the things that need attention include: ridge caps for the roof, insulation for the attic space, fascia and soffit, a broken window, and some fallen sheetrock in the garage. Additionally, the fence, shed, and palm trees in front of the property have been lost. We estimate the repair costs to be around $25k. Based on recent sales in the area, the after-repair value of this home is estimated to be between $300k and $310k, providing an excellent opportunity for a great return on your investment. Furthermore, we estimate that this property will fetch around $2.3k per month in rent. Buyer is responsible to verify all information and measurements before submitting an offer.The average asking price for a 2 bedroom/2 bath single family residence in this Zip code is $316,535. This single family residence is listed at about 79% of the average asking price. There are 27 2 bedroom/2 bath homes between $200,000 and $300,000 currently listed for sale in this Zip code. See other listings like this one »