Cash-Flow Opportunity Zoned R-3 under $30k W 10th St. Apopka, FL. 32703
Property Detail
Type
Single Family Home, **SOLD** Status
Cash Flow, **SOLD** Location
Florida
Sub Location
Apopka
Price
$29,900
Sq. Ft.896Bedrooms2Bathrooms1ARV$70,000+/-Rent/mo$900+/-RehabMedium to HeavyGarageNonePoolNoneTaxes/yr$844.12Lot Size (Acres)0.4177ConstructionFrameWaterfrontNoneYear1925SubdivisionApopkaHOA Fees/mon/a
Property Description
Here is a super cheap 896 SQFT 2/1 in Apopka. It’s close to Main St and sits on a large lot (98′ x 186′) and zoned R-3. This one is in a prime location for future development. Hold and cash flow this deal and get bigger gains in the future.
House will need a full rehab but can rent out upwards of $900/month. So if you end up spending $55k on purchase price and rehab its still over a 17% ROI after taxes and insurance.
Property is occupied so please do not disturb the tenants. Call today to schedule a showing.