Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $230,000 - $250,000
• Estimated Rehab: $15,000 - $35,000
• Comparable Rent: $1,500
• Construction: CBS
• Occupancy: Month to month tenants.
• Comp 1: 1103 Pamela St, Leesburg, FL 34748 -- 2/1/932 sq ft -- PENDING $250k -- (Much smaller sq ft, high-end finishes)
• Comp 2: 204 N 15th St, Leesburg, FL 34748 -- 3/2/1500 sq ft -- PENDING $245k -- (High-end finishes, 1927 build)
• Comp 3: 1104 Susan St, Leesburg, FL 34748 -- 2/1/858 sq ft -- SOLD $200k APR 2022 -- (Dated, Clean, smaller specs and sq ft)
• Rental Comp:: 1804 High St, Leesburg, FL 34748 -- 3/1/1204 sq ft -- LEASED $1500/mo -- (Smaller, Rental condition)
• Rehab Description: For a rental, cosmetic updates are optional as the kitchen will suffice as-is. For a flip, cosmetic love is needed. Bathrooms should be updated, showers are fine. Install new light fixtures throughout. Roof and HVAC are newer. Apply some fresh paint to the interior. Lastly, improve landscaping to boost curb appeal!
• Features: DUAL THREAT OPPORTUNITY!!! This 5-bedroom, 2-bathroom CBS block home sits in a quiet residential pocket of Leesburg. Near local schools and recreation centers, this property is in a PRIME location of Leesburg. With a newer roof and HVAC system, this property is prepped for an easy turnaround, whether it be raising rents or onto the open market. Don't miss out on this opportunity!
• Important Details: --> This property is currently rented with month-to-month tenants --> This property is part of a double package deal - see 908 Nebraska St
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab