Property Description

Close-to-river fixer w/ huge financial potential. Located just two blocks from the river, this solid concrete block 1955 mid-century ranch is a solid home that needs some TLC but also has a 4-year-old roof, a new 150Amp electrical panel, a huge, never leaked, full basement and an extended garage with tons of storage space. What is the financial potential?Replace the old AC and easily extend the ductwork in the basement a few feet to the Florida and Bonus rooms. You will instantly increase livable space by over 30 percent, adding an equal increase in value! The basement is code restricted as to being defined as living space because of a ceiling height of 77 inches...so if you are 6'6 tall you are going to bend over a lot...but just think of the options for the rest of us. A family room that is always a comfortable temperature because it is below ground. How about an air-conditioned workshop or hobby nook? Maybe a gas fireplace for a quiet reading alcove. Three words: storage, storage, storage. Playroom for the kids, game room for the family...it even includes connection for your laundry. The AC ducts and wiring are ready to go...just need a vision as to adding rooms or how you want the space configured. Located on a large one third-acre lot, the home offers 3 bedrooms, 2 bathrooms, and 1,183 square feet of living space. Make the AC changes and it's a 1550sf home not including the new basement remodel of another 1100sf. Kitchen is in the middle of a remodel and to get your maximum value you will want to polish the classic tile, restore the beautiful original hardwood flooring, spruce up the charming time-capsule retro tile bathroom. Nothing structural...just elbow grease and TLC.Parking and storage are ample with an extra-deep, oversized 13x26 single-car garage equipped with a laundry zone and an overhead storage loft. Put some time into landscaping and you now have the nicest house on the block for a fraction of the cost.Yes, it's a fixer upper, but the upside is huge just two blocks from the river, the parks and only a short distance to Ormond Beach festivals.