Beautiful 3/2 Property - Light Rehab & Rent in Scenic Mount Dora!

[Foster Algier]

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

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Terrell Road, Mount Dora, FL 32757

INVESTMENT: $92,000

ARV: $120,000 +/-

Rehab: $5,000 +/-

3 Bedroom 2 Bath

1,612 SqFt

Built: 1999

Construction: Frame

HOA: $0

This 3/2 sits on over an acre of scenic land very close to downtown Mount Dora and is in overall good condition. It will need light cosmetic repairs to get rent ready. The house is a bit cluttered at the moment and is in the process of being cleared out. There are MANY storage sheds on this property that will be included in the sale. The roof seems to be okay and the floors are in good condition. A/C appears to work well, plumbing and electrical also seem good. The repairs will be pressure washing the exterior of the home and the back patio, landscape improvements, clean-out, refreshed paint on the inside, and repair a couple cabinet doors in the kitchen. This will put the home in rent ready condition and you can start collecting $1,000 - $1,200 in rent. The house is only 10 minutes away from Downtown Mount Dora...very close to its shops and historic district. This property is currently OCCUPIED so PLEASE CALL FOR APPOINTMENT.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services