3d Tour! INVERNESS, FL 🍊🌳 3/1 RENTAL PROPERTY 🍊🌳 EXTREME DISCOUNT

Description

INVERNESS, FL 🍊🌳 3/1 RENTAL PROPERTY
🍊🌳 EXTREME DISCOUNT
HIGHLIGHTS

🔥Seize this off-market opportunity in the peaceful White Lake neighborhood of Inverness, FL. This well-maintained single-family home, built in 1990, features three bedrooms, one bathroom, and extends over 1,233 sq ft on a substantial 0.32-acre lot. Currently under-rented at $1,050 per month, there’s substantial upside with the potential to raise rents to $1,500 per month.

The home includes recent upgrades such as a new riser and A/C system overhaul in 2023, enhancing comfort and value. Additional amenities include private fencing and a decking area ideal for outdoor enjoyment.

Offered at a discount, this property is an excellent investment with a tenant in place until September 30, 2024. The buyer must assume the existing tenants and the services of a professional property management company handling tenancy matters for a 10% fee. Capture the potential for significant rental and capital appreciation with this strategic investment.🔥

DETAILS:
3 Bed/ 1 Bath
Year Built: 1990
1,233 sq ft
Lot Size: 14,000 SQ FT
RENTING FOR $1050/M Until 09/30/2024
BUYER MUST ASSUME TENANTS
MARKET RENT FOR 3/1 in this Area is $1,500/M

ARV COMPS

1006 Russell Ave, Inverness, FL 34453- SOLD $205K
https://www.zillow.com/homedetails/1006-Russell-Ave-Inverness-FL-34453/43612024_zpid/
3bd/1ba – 1,025 sq ft
Sold on 10/20/2023

AS-IS COMPS

5221 E Live Oak Ln, Inverness, FL 34453- SOLD $175K
https://www.zillow.com/homedetails/5221-E-Live-Oak-Ln-Inverness-FL-34453/43610462_zpid/
2bd/1ba – 1,000 sq ft
Sold on 03/04/2024

5221 E Jasmine Ln, Inverness, FL 34453- SOLD $160K
https://www.zillow.com/homedetails/5221-E-Jasmine-Ln-Inverness-FL-34453/43610499_zpid/
2bd/1ba – 1,332 sq ft
Sold on 04/02/2024