$100,000 - 621 W Hernandez St, Pensacola

Priced well below market value, this property offers significant equity upside. Comparable homes with the same floorplan in the area are currently listed at two to three times the asking price after updates. The home does require renovations, including a new roof, new windows, flooring, and interior paint, and is being offered as a cash-only sale. The fourth bedroom is located off the living room on the left side of the home and includes laundry hookups. In similar floorplans, this space has been successfully reconfigured into a larger bedroom with an added full bathroom, transforming the home from a 1-bath to a 2-bath layout. While this property currently has one bathroom, the potential to add a second has been proven within the same floorplan. The work is needed — but the reward is there for the right buyer.