Bedroom: 3
Bath: 2
Garage: 2 Car Detached
Ext Const: Frame & Siding
Built: 1926
Sqft: 1697
Ppsf: 47
Tax/Yr: 937
Septic/Sewer: Sewer
County: Lake

Market Rent:  $1,200

 

Property Description:  Located just a few blocks from Main St in the heart of Leesburg. 

Out of over 1,300 properties available in Lake county, this is the least expensive SFH by far. Roof installed in 2013. Newer hot water heater. Multiple exit strategies, simply perform a face-lift to the property and place a tenant at market rent and enjoy the cash flow with substantial equity. Or complete a full cosmetic update for a substantial flip profit. 

 

Rent Rehab:  $25k

 

Flip Rehab:  $45k