Affordable 3/2 Pool Home in Ocala under 80K!

[Foster Algier]

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

http://www.FACSOLD.com/

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SW 144th Pl, Ocala, FL 34473

INVESTMENT: $79,900

Please visit our website for more pics: http://www.facsold.com/show_listing_details.php?prop_id=36304

Rents: $1,000-1,100 +/-

ARV: $135,000-140,000 +/-

Rehab: $25,000-35,000 +/-

3 Bedroom 2 Bath

1,760 SqFt

Built: 1992

Construction: Block

HOA: $0

This 3/2 pool home sits on just over half an acre of land in the Marion Oaks. This will be a lovely home after some TLC. The siding, septic, and electric seem to be OK, but the pool, deck, and plumbing are in poor shape and need repair. Landscaping is definitely needed, and will add curb appeal.

The roof looks to be 10-15 years old which indicates that it might be in the second half of its useful life. There is some SINKHOLE activity that seems to be remedied in 2011 with $71K worth of work. It cannot be determined if the movement has stopped please click on property parcel link for more info. Full inspection report is available upon request.

This property does need some work but it could be a long-term buy and hold investment with rent’s going up to $1,110 for 3 beds or possibly a flip with houses selling in the $130-140k range comfortably and some going up to the $150k’s. This property is occupied please call for appointments.

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