Milton St., Inverness FL 34453

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Here is an opportunity to pick up two fully occupied duplexes in Inverness. There are (4) 2 bed, 1 bath units with approximately 880 SF of living area in each. Units each have an attached single car garage with a rear patio. All four units are well maintained and are on a shared well and with separate septic systems for each 2 unit duplex. All 4 units have signed leases and are professionally managed. The current property manager would like to stay on and only charges an 8% management fee. Three of the four leases expire on 01/31/2020, and the fourth lease expires on 05/31/2020. The rents are as follows, 2014 A $600, 2014 B $585, 2016 A $510, and 2016 B $575. There is an opportunity to raise rents as well to increase your return. Turn-key investment properties like this don’t come around often and tend to move quickly so call today.

Inverness Acres, No HOA

Assignable

Est. Rehab: $5,000

Est. ARV: $240,000

Est. Monthly Rent: $2,270