Clean Condo-Style SFR – No HOA

This 1,182 sq ft 2-bed, 1.5-bath block home sits on S Lake St in Leesburg. Built in 1981, it’s recorded as a single-family home with no HOA, though it looks and feels more like a townhouse/condo. The property is vacant and being sold through probate, so expect a couple months until closing. Key updates are already in place with a brand-new roof and HVAC (2025). Delivered vacant—ready for a cosmetic rehab to bring it to top market value.

🛠️ Rehab Scope
• Interior cosmetic updates: flooring, paint, fixtures, kitchen & bath modernization
• Update appliances and finishes
• Light landscaping and exterior touch-up

🔴 Recently Sold / Pending Comps (Condo/Townhome Style Nearby)

• 1112 W Main St – 638 sq ft, 1/1, built 1973 → Sold $77,500 ($121/sq ft) – dated
• 1112 W Main St – 638 sq ft, 1/1, built 1973 → Sold $89,000 ($139/sq ft) – updated
• 1112 W Main St – 938 sq ft, 2/2, built 1973 → Sold $115,000 ($123/sq ft) – updated

💰 ARV Insight
At 1,182 sq ft, applying the $120–$139/sq ft range supported by nearby sales gives a projected ARV of $145k–$165k, depending on level of finish. With new roof and HVAC already handled, this is a straightforward cosmetic play with a solid spread.