Lake County Block Duplex

Lake County Block Duplex

4 bed 2 bath 1540 sq ft Built in 1984 Multi-family
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72
Occupancy Status
Low High
12 /20
Level of Rehab
Heavy Light
15/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Fantastic opportunity with this concrete block duplex located in Leesburg, FL. This is one of the lowest-priced multi-family properties to be offered in Lake County all year. The property consists of 2 units, each with 2 bedrooms and 1 bathroom. Currently, 1 unit is vacant. The other is occupied by a long-term, month-to-month tenant paying well under market value allowing the new owner to update the units and add value by increasing the rent to $1,100 per side.  The property just needs a minor roof repair, otherwise, this easy cosmetic rehab gets these units rented and a valuable addition to your cashflow portfolio.  Call your EquityPro advisor today to secure this investment!

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We recommend rent
Rental Income
$2,300 mo. / $27,600 yr.
Estimated Taxes
$1,664 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$20,976
Projected Income
9.81%
Estimated APY
$20,450
Projected Income
7.88%
Estimated ROI

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