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Updated over 8 years ago on .

User Stats

978
Posts
39
Votes
Foster Algier
  • Investor
  • Orlando, FL
39
Votes |
978
Posts

Leesburg Rehab for Rent!

Foster Algier
  • Investor
  • Orlando, FL
Posted

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

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

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

Offering