Featured Property Overview:
Address: 1926 SW 3rd St, Ocala, FL 34471
Specifications: 4 Bedrooms | 2 Bathrooms | 1,640 Sqft
Projected Monthly Rent: $1,800
Purchase Price: $135,000
**The property will soon undergo a thorough cleanup**
Take Advantage of this fixer-upper in the growing Marion County Market! The property will need a full rehab top to bottom, but once completed, it will yield solid returns. At the current purchase price end buyer would see a high Cap Rate. The rehab was very light & basic. With a full Investor rehab, this property will sell for $225,000 all day.
This property in Ocala, Florida presents an exciting opportunity for investors looking to capitalize on the burgeoning Marion County market. Located at 1926 SW 3rd Ocala FL 344714, this fixer-upper boasts 2 bedrooms, and 2 bathrooms, and is built from block construction dating back to 1983. With a spacious 1,640 square feet, there’s ample potential waiting to be unlocked.
Although the property requires a comprehensive overhaul from top to bottom, the potential returns make it a compelling investment prospect. Despite the need for extensive rehabilitation, once the renovations are complete, the property is poised to generate solid returns. The current purchase price offers an attractive cap rate, providing investors with a promising financial outlook.
While the initial rehab may have been light and basic, envisioning a full-scale investor-driven renovation paints a picture of significant value appreciation. Post-rehabilitation, this property has the potential to command a robust sale price, making it an enticing opportunity for savvy investors seeking to maximize their returns in the Marion County real estate market.