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Concrete block duplex with each unit having 2 bedrooms and 1 bathrooms and separate electric and water meters. It is currently rented by long term tenants paying below market rent at $890 per month, total. One side was recently remodeled and we recommend remodeling the remaining side and bumping rents up to $600-$650 per unit. The duplex will need a roof in the near future as well. We have based our numbers on a conservative pro forma as leases expire in October of this year.
Beulah Heights, No HOA
Est. Rehab: $13,000
Est. Monthly Rent: $1,200
Est. ARV: $100,000
- Address: Mispah Avenue, Leesburg, Florida 34748
- Price: $79,900
- Availability: Sold
- Listing Type: Duplex
- Bedrooms: 4
- Bathrooms: 2
- Total Square Feet: 1536
- Construction Type: Block
- Year Built: 1979