Multi Unit Investment In Brooksville Howell Avenue, Brooksville, FL 34601
This property is 2 separate structures on the same lot. The front house, Howell Ave is a 2/1 Frame house with minimal rehab. It is being used as storage right now with no renter inside. It has historical charm and features an open floor plan with a chimney and a covered patio. There is a detached duplex, Highland St. The top unit, is a 1/1. It features an updated bathroom and an additional roof for living space. The bottom unit is a 2/1. It’s turnkey and rental ready. The bathroom was recently updated with a tiled shower.
Both properties are in desperate need of an exterior sand and paint job. The siding is in good shape and can be saved, but there are mismatched colors and it needs to be addressed immediately. Howell Ave (Detached 2/1 SFH in the front of the lot) is currently being used as storage. It has a few siding panels on the exterior that need to be replaced. Some landscaping along with paint could easily add curb appeal. The inside needs some flooring replaced or covered over. There’s a small leak by the chimney that needs to be fixed. The house has old windows. None are broken but for energy efficiency and functionality, they should be replaced eventually. The roof also appears to be dated and should be replaced as well.
Highland St (Upstairs 1/1 in back duplex) needs flooring installed, as its currently painted wood. The kitchen is dated, so it should be replaced. This unit is also on window unit AC’s. The downstairs in the same building has central AC so it shouldn’t be difficult to install. There is some ceiling repair needed. The roof on this one should also be replaced; there is some fascia repair needed as well. 6 Highland St (Downstairs 2/1) – the inside is in amazing shape. Has a good tenant, doesn’t need any work. Rental Ready!