This large property on a 1/3 acre is for sale. It is located in Clermont Florida, just 25 minutes North of Walt Disney World. It is 3,024 heated square feet with 5 bedrooms, 3 bathrooms, and 3 half baths. It was built in 2004 and has been well maintained. The original purchase price was 367,000. The market value is approximately $270,000 with similar homes listed higher and closer to $300,000. The yearly property taxes are $3900 per year and the yearly HOA dues are $670.
The seller wants this home sold immediately and will be very negotiable with a reasonable purchase offer. Hence, you could obtain this home for $40K-50K below market value! That is amazing for such a nice home like this. However the home is tenant occupied with a lease in place which must be honored until July 2018. So if you purchase the home, you must honor the existing lease.
The present tenants are fantastic, clean, neat, non-smokers who do a wonderful job at maintaining the property and would be willing to continue living in the home indefinitely. That is great for a long term investor. We have already figured out the ROI which is around 5% each year and increasing yearly. You can also move into it yourself after the lease ends if you so desire.
This property is not in the MLS and not shown anywhere online so now is your chance to take advantage of a great opportunity which very few people know about. If you want to see the home please fill out the form and I will call you. Please have your cash (preferred) or financing well in place as this home will not last long. I will assume you will be very qualified to purchase this home. Call me direct at 407-301-4400 or email at Michael@trutivity.com or fill out the contact form which I prefer. I will call you back to set an appointment to view the home. We are not working with co-broke real estate agents at this time as we are a real estate brokerage ourselves, so the transaction must go through our company, Gemstone Homes.