Leesburg Value-Add Opportunity | $155,000 Asking | $275K ARV
About this property
This property offers an opportunity for investors to renovate and add significant value through an updated layout. The existing property is a 3-bedroom, 1-bathroom home with approximately 1,218 sqft of living space on an 8,515 sqft lot.
The asking price is $155,000, with an estimated ARV of $275,000 based on the standard renovation scope. A professional contractor quote estimating approximately $42,000 in renovations is available upon request.
Additional Value-Add Strategy
A second renovation scope explores reconfiguring the property into a 4-bedroom, 2-bathroom layout. This expanded renovation is quoted at approximately $62,000, with an estimated ARV closer to $280,000.
This layout change could provide additional resale appeal and maximize the property's value. Investors can review both contractor quotes and evaluate which renovation strategy best fits their investment goals.
Property Highlights
- Existing layout: 3 bedrooms, 1 bathroom
- Approximately 1,218 sqft
- Approximately 8,515 sqft lot
- Potential conversion to 4 bedrooms / 2 bathrooms
- Proposed master suite addition
- Professional contractor quotes available upon request
- Multiple renovation strategies to evaluate
Contact Michael
Terms: Cash or Hard Money only.
Property snapshot
Deal details
Request the deal package — comps, seller walkthrough and terms, sent to verified buyers usually within the hour.
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Off-market comps, the seller walkthrough packet, rent roll and terms — sent to verified buyers, usually within the hour.