Single rental unit - new construction
SOLD January 2015 for $90,000
1712 W. Main Street, Leesburg, Florida 34748
| Building Size | 1,000 Square Feet |
| Land Size | 0.16 Acres |
| Units | 1 |
| Zoning | Multi-family |
| Parking | on site |
| Water | City |
| Sewer | City |
| Electric | City |
| Year Built | 2014 |
| Construction | Frame/stucco |
| Roof | Shingle |
| Completely New | Rebuilt in 2014 |
This home was completely rebuilt from the studs up in summer/fall 2014. Strong rental market in this area. New floor systems, new custom kitchen, new tile bath, new insta hot tankless water heater, new vinyl double paned windows, new roof, - it is a new building!
Leesburg would allow commercial office use with rezoning. As it is it will stay rented at $900 per month giving an investor an pro forma NOI of $7800. Assuming taxes of $2000 and insurance of $1000 - that give an investor a CAP = 8.4%!
Agent
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Mobile: (352) 408-3892Fax: (888) 823-0412
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.