Call/Text Mike @ (725) 425-4846 to get more information, schedule a walkthrough, or submit an offer!
HOT Leesburg Fixer – Low Entry, BIG Rental Potential!
ARV: 175k Asking Price: 75k
Excellent opportunity to pick up an affordable Leesburg investment property with a 100k spread! Located near Beacon College and UF Health Leesburg Hospital, this property is ideally positioned for a fix-and-rent strategy with strong potential for long-term cash flow.
Property Highlights:
-Brand new roof!
-Plumbing and electrical in good working condition
-Located near Beacon College and UF Health Leesburg Hospital
-Estimated rental rates of 1.1k–1.2k/month minimum
-Potential to generate additional rental income by renting individual rooms to college students
-Low entry price of just 75k!
Repairs Needed:
-New HVAC system (window units or mini-splits could be a cost-effective alternative)
-Additional repairs and cosmetic updates as determined by buyer inspections
Comp Supporting Value:
1109 Edmonds St – SOLD 175k (Larger AS-IS Comp)
Investment Opportunity:
With an asking price of 75k and an ARV of 175k, this property offers a 100k spread before renovation and holding costs!
Best suited as a fix-and-rent investment! With nearby college students and hospital employees providing potential tenant demand, investors have multiple rental strategies to consider.
Traditional rental rates are estimated at 1.1k–1.2k per month, with the possibility of higher gross income through room-by-room rentals, subject to local regulations.
Don't miss this affordable Leesburg investment opportunity! Submit your offer today!
Call/Text Mike @ (725) 425-4846 to schedule a walkthrough or submit your offer!
More About This Property
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ARV $175,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $96,000.
