Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $185,000 - $200,000
• Estimated Rehab: $30,000 - $40,000
• Comparable Rent: $1,250 - $1,350
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 1111 Cottonwood St, Leesburg, FL 34748 -- 3/1/1080 sq ft -- PENDING $220k -- (Pending in 8 days! Clean, Semi-updated)
• Comp 2: 1016 Glenridge Dr, Leesburg, FL 34748 -- 3/1/960 sq ft -- SOLD $214k JUN 2022 -- (Pending in 3 days! Clean, Updated)
• Comp 3: 811 Oak Dr, Leesburg, FL 34748 -- 2/1/863 sq ft -- PENDING $195k -- (Mid-grade Finishes, Clean, Same Street, No Garage)
• Rental Comp: 1021 Birchwood Ct Apt 1, Leesburg, FL 34748 -- 3/1/1000 sq ft -- LEASED $1,300/mo JUN 2022 -- (Half a duplex, Dated, Clean)
• Rental Comp: 1703 Birchwood Cir Unit 1, Leesburg, FL 34748 -- 2/1/770 sq ft -- LEASED $1,250/mo APR 2022 -- (Half a duplex, Clean)
• Rehab Description: For a rental or a flip, cosmetic updates are recommended. Begin with a trash out and deep clean. Remodel the kitchen, bathroom, and flooring. Install HVAC system. The roof appears to be in good shape and free of leaks. Replace lighting and fixtures. Finish with a fresh coat of paint in and out.
• Features: DUAL-THREAT OPPORTUNITY!!! This 2 bedroom, 1 bathroom CBS block home sits in a quiet residential pocket of Leesburg! The property is on a quarter-acre lot and features a screened-in front porch, ample yard space, and a utility shed out back. Just minutes from downtown, local schools, shopping, and a historic nature park, this property sits in a PRIME location. Don't miss out on this opportunity!
• Important Details: --> 14 Day Post-Closing Occupancy with escrow holdback
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab