3217 Freeport Blvd

• Large Windows: The large windows provide ample natural light and are a desirable architectural feature • Wood Paneling: The wood paneling adds character and could be a selling point for buyers who appreciate vintage details • Stackable Washer/Dryer • Wood Paneling • Large Windows • Price Position: At $186.25 per square foot, the property's price is relatively low, but this may reflect its condition as a 'fixer upper.' • Appreciation Trend: Historical appreciation data is unavailable, making it difficult to assess the property's long-term value potential. • Negotiation Opportunity: The property has been on the market for 42 days, which is longer than average for the area, suggesting potential negotiation leverage. • Investment Opportunity: After $20,000 in renovations, potential $10,000 equity gain (50.0% ROI) • Rental Income: $2,500/month with 90% occupancy (0.0% cap rate) • Schools: The presence of a high-rated elementary school (Crocker/Riverside) likely adds a premium to property values in the immediate area. The middle and high school ratings may be a concern for some buyers, potentially impacting resale value. • Safety: Violent crime is significantly higher (63.7% vs state, 50.2% vs national). Property crime is also elevated (30.3% vs state, 56.3% vs national). Robbery, burglary, and motor vehicle theft are substantially higher than state and national averages. • Future Development: The property description mentions the 'possibility of also buying the annex building next door from the same owner for a double lot dream compound,' which could be a significant development opportunity for the buyer. • The large windows provide good natural light in the main living areas. However, some of the smaller rooms and hallways may be darker.