Updated over 8 years ago on .
Leesburg Rehab for Rent!
We have an equity interest in this property and are selling the contract.
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Woodbine Road, Leesburg, FL 34748
PRICE: $53,000
ARV: $85,000-100,000 +/-
ARV Rehab: $20,000-25,000 +/-
- OR -
Rental Income: $800-950 +/- month
Rental Rehab: $10,000 +/-
3 Bedroom 1 Bath
925 SqFt
Built: 1962
Construction: Block
HOA: $0
COMPS:
2515 Velma Ter
3/1 1960 964 SqFt
SOLD $101,600 1/2017
709 Merridale Ave
3/2 1980 1,066 SqFt
SOLD $106,000 12/2016
This home is located on a quiet street, but is close to shopping, schools, and major highways, with Downtown Leesburg only a few minutes away. It is a solid block home needing some TLC and clean up. It has 3 good sized bedrooms, with a nice living area, and an enclosed Florida room. The kitchen, bath, and flooring will need updating. Home has tile though kitchen and living areas, but bedrooms are missing flooring. Paint, trim, and light drywall repairs are needed. Windows are original, and a couple need repairs. New compressor required for central a/c. Electric appears okay. Roof looks good, no leaks detected. Outside a nice clean-up, paint, and minor trim repairs will go along way to make this home shine again.
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



