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Rare opportunity in DeLeon Springs with this 3 bedroom, 2 bath, 1200 square feet home on close to an acre of land. The property was completely rehabbed in 2011, and has been tenant occupied for the last four years.The tenant is on a month to month lease, paying $885 and is due for a rent increase.
This property would work perfectly for an investor who is looking for an affordable flip with a very light cosmetic rehab. The property will need some updating to get top dollar. With very limited inventory on the market, a remodeled home is sure to stand out and receive plenty of interest. This property would also make for a solid rental with market rent being north of $1,100.
Yelvington Dupont Grant, No HOA
Est. Rehab: $22,250
Current Rent: $885
Market Rent: $1,100
Est. ARV: $139,900
- Address: Fairport Ave, De Leon Springs, FL 32130, USA
- Price: $79,900
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Total Square Feet: 1200
- Year Built: 1954