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Updated almost 8 years ago on .

User Stats

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

Proven Income Generator in Leesburg!!

Foster Algier
  • Investor
  • Orlando, FL
Posted

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

http://www.FACSOLD.com/

also check out on the tab Coaching once on the website.

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!

Beecher Street, Leesburg, FL 34748

INVESTMENT: $48,500

Please visit our website for more photos: http://www.facsold.com/show_listing_details.php?prop_id=36441#photoDetails

ARV: $75,000 +/-

Rent: $2,000/mo +/-

ARV Rehab: $10K +/-

4 Bedrooms 1 Bath

975 SqFt

Built: 1979

Construction: Block

HOA: $0/yr

This house was originally built as a 2/1 but was converted into a 4/1 and is currently occupied with renters paying $500+ per room per month. The common areas of this home were reduced significantly in size to create the additional rooms that were added in. Currently bringing in more than $2,000 a month in rents. The roof will need to be fixed, electrical is updated, kitchen and bathrooms are outdated but functional, central A/C needs to be repaired or replaced, but the house is running on wall/window units. Tenants would like to stay and are current on payments. Please do not disturb the tenants...call 407-668-4396 to schedule a viewing!

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