Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $230,000 - $250,000
• Estimated Rehab: $20,000 - $35,000
• Comparable Rent: $1,500
• Construction: CBS
• Occupancy: Month to month tenant.
• 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, begin with a deep clean. Cosmetic updates are optional. For a flip, a cosmetic rehab is recommended. Update the kitchen, bathrooms, and flooring. Install new light fixtures throughout. HVAC is newer. The roof appears to be in good shape. Finish with some fresh paint to the interior.
• Features: DUAL THREAT OPPORTUNITY!!! This 4-bedroom, 2-bathroom CBS block home sits in a quiet residential pocket of Leesburg and boasts high curb appeal! It features a bonus room and an oversized backyard. Near local schools and recreation centers, this property is in a PRIME location of Leesburg. With a newer HVAC and a roof that appears to be free of damage, this property offers a quick turnaround time! 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 906 Nebraska St
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab