Friday, April 25, 2008

PSL Deal in Great Area


2298 SE Berkshire Blvd., Port St. Lucie, 34952 - $76,000

Located in nice area east of U.S.-1, not far from beaches and new City Centre.  Perfect to hold and rent, or re-sell at full value after cosmetic fixes.  

  • 3 bed/2 bath/1 cg
  • large corner lot - 0.31 acres
  • 1148 sq. ft. under air  
  • built 1987
  • frame stucco construction
  • city sewer/water  
  • new roof
  • central heat/air appears to be in good condition
  • Repairs - Well maintained house.  Only  needs cosmetics - paint, repair crack in driveway, repair leaky washing  machine hook-up in garage, etc.  Carpet is in good condition, just needs  cleaning in entry area.  Est. repairs $3-4K.   Could probably even rent in existing condition.   
  • Estimated market rent for this house is  $850-900/mo.  
  • Value - Comps would support a value of  at least $120K.    
           Comps
           2565 SE Calais St. - sold $139K on 1-31-08
            2233 SE Baron St. - small house < 1000 sq ft., sold $133K on 2-27-08
            3101 SE Blackwell Dr. - sold $129K on 1-10-08
            2844 SE Melaleuca - sold $125K on 2-15-08
   
 
Access - Drive-by only, call for appointment to see inside


Buyers must use cash or hard money only.  

J. J.
561-339-5885

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