Single rental unit - new construction

  SOLD January 2015 for $90,000

1712 W. Main Street, Leesburg, Florida 34748


Documents
Building Size1,000 Square Feet
Land Size0.16 Acres
Units1
ZoningMulti-family
Parkingon site
WaterCity
SewerCity
ElectricCity
Year Built2014
ConstructionFrame/stucco
RoofShingle
Completely NewRebuilt 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%!


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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