2 Houses for $75k Main Ave. Okahumpka, FL. 34762
Property Detail
Property Description
Two houses on individual lots. Both houses are rented to long term tenants and rents are due to be raised. They are small lots and they need to be sold together because both are on the same water well. Each has separate septic systems and one septic is newer.
Lots of new development going on in the area. Great opportunity to buy two houses in the heart of Okahumpka right on the Main road.
Both are occupied with paying long term tenants who would like to stay if possible. The 758 SQFT 2/1 the tenant pays $535 and the 320 SQFT 1/1 the tenant pays $300/m. The house rented for $300/m is pretty bare bones and does not have central AC or washer dryer hookups, but $300/m is still cheap. Rents could likely be increased but this deal even makes sense at the current rental numbers. Both houses are older but have been maintained by the landlord.
Comp:
27433 WALNUT: 3/2 mobile home in outdated condition, 1134sqft. Sold for $93,750 in 3 days.
27401 MAIN AVE: 3/1 block home that needed work, 1144sqft. Sold for $130k in 14 days
