Great investment opportunity for a flipper or rental property investor looking to beat the 1% rule! Or, if you're a skilled handyman, this is your chance to design a home for your family the way you want it on your own piece of land! Quiet neighborhood and convenient location just 15 minutes from Gainesville, 18 minutes from Starke, and 6 minutes from the Waldo Farmer's and Flea Market. The parcel is .68 acres and made up of three city lots with a double-wide manufactured home built in 1998 and an additional out-building used for storage. The house is 56' long by 26' wide. 3 bedroom, 2 bath split floor plan 1512 sq. ft. It needs some repairs and updates, but has solid bones and lots of potential. Work needed includes: AC repair, updating kitchen cabinets, roof repair, one window replacement, some drywall repairs, flooring and appliances. This was an income-producing property with solid rental history generating $800/month. Once fixed up, it could easily command $1050-1100/month in rent, and retail comps are selling for $120,000+. This is an AS-IS sale. $65,900 Cash. Owner financing option available to qualified buyers. Please email gpsgainesville@gmail.com for interior photos.
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