Low Entry Cost, Good Cash Flow Property

  • $61,000
Bird Island Drive, Lady Lake, FL, USA
  • MH
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1976
  • Year Built

Overview

  • MH
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1976
  • Year Built

Description

Investment Opportunity!

🏡 Property Overview: This 2 Bed, 2 Bath home features additional living and storage space, complete with central A/C and the property is in overall good condition. Currently occupied by a paying tenant at $800/month on a month-to-month basis. Built in 1976. The property could use some minor fix up and cleaning to re-rent or just collect the rent as is for immediate cash flow.  The property sits on its own residential lot as real estate in an area off Lk Griffin View Rd. on Bird Island Rd.  Enjoy the tranquility of open pasture views without the constraints of an HOA.

🌳 Location: Nestled in a quiet residential area, the property backs up to open pasture. As The villages continue to expand, the rental market in the area is experiencing a surge in demand and rates. The 441 is being rebuilt and near finished in lady lake. This property is about 15 minutes from the business district of lady lake with every store you can think of is now. Sams, Bj’s, Total wine and restaurants galore. This is an extremely fast-growing area with demand for labor and affordable housing for that labor. 

💰 Investment Potential: Priced competitively at $61,000 this property presents an excellent investment opportunity with potential rental income of up to $1,000/

Details

Updated on May 24, 2024 at 1:07 am
  • Price: $61,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Year Built: 1976
  • Property Type: MH
  • Occupied/Vacant : Occupied month to month
  • County: Lake
  • City Lady Lake
  • State/county Florida
Wholesalers/Realtors - Please add your commission on top. ***DO NOT** “daisy chain” or re-market any property contained in this page without consent. DO NOT attempt to contact the seller/tenant of any property advertised on this website. Doing so will automatically disqualify you from purchasing properties from us in the future and could result in legal action being taken. Interest in an advertised property will be conveyed via the assignment of an existing contract to purchase the property. All properties will be delivered as-is at closing. A $5,000 non-refundable deposit is due upon assignment of contract. Buyers are responsible for performing all due diligence prior to assignment of contract.

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