PENDING – N. 15th St., Leesburg FL 34748

Beds: 3     Baths: 2     SqFt: 1281

Repairs: $10k     Rent: $1050/Mo

$79,900+cc

This duplex is walking distance to Publix and other shops and consists of a 2/1 and a 1/1.  Each unit is metered separately but water is paid together. Currently, the tenants are paying $45o and $350, for a total of $800/mo.  Both of these are below market value.  Once you are able to put some upgrades in, you should easily be able to get $600 and $450, respectively.  The next cheapest active within a half mile is $130,000 and there are no multi family properties active, pending or sold within that same proximity.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.