2 Houses on 1 Parcel
1606 Orange Blossom Ave, Sebring, Fl. 33870 - 4/2 1600 Sq Ft with Roof replaced in 2019 AC 2017, this house has a carport and a fenced in separate rear yard.
1610 Orange Blossome Ave, Sebring, Fl. 33870 - 3/2 1472 Sq Ft with Roof Replaced in 2022, this house also has a separate fenced rear yard.
The houses must be purchased together on 1 Parcel. And if/when sold, must be sold together. Due to City Ordinance, you cannot split up the parcel to sell off each house individually.
Each house has its’ own City Water/Sewer Meter and Electrical Meter.
Both houses need minimal TLC for Rent Ready and can bring in a total of $3,400+ per month rent.
Seller Financing available of $200,000 at 9% interest, fully amortized over 30 years with a 15-year balloon.
Monthly payment of $1,609.25. Principal and Interest.
Proof of Insurance and taxes will need to be paid yearly.
This property has a nice CASH FLOW with Great Cash on Cash return.
Builder’s Risk Insurance can be obtained while it is vacant and being repaired. Once rented out, then the policy can be converted to a rental policy.
We are waiting on the quotes from the Insurance Agent. They have already told us they will insure both houses.
This is an Assignment of Contract.
$5,000 Non-Refundable Deposit
CALL NOW for more information and Viewing.
Frank Pepe 954.560.4663
Dan Fulghum 305.807.0912 Spanish
RENTAL ANALYSIS REPORT ON 1 HOUSE
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