Performing Rental with Equity in Titusville Knox Mcrae Dr. Titusville, FL. 32780
This tenant occupied performing cash-flow is just a 5 minute, .2 mile walk to the beach. The house features a carport, a fenced in backyard, a detached laundry room, and a covered front porch. The tenant is currently paying $750/month and has a lease through 3/1/21. Close on this house and start collecting rent!
The property is overall in really good condition. If you wanted to do some rehab, a deep cleaning and a fresh coat of paint would have this house ready to go. The AC is currently on wall unit so you could convert to central AC to boost value and potential rent. With these minor repairs you will have a house with $10k – $15k of equity and could rent it out for upwards of $900/month.
236 Acorn Dr – 2/1 440 SQFT – Sold for $99,000 on 3/19/2019