Dunnellon Rental – W Test Ct. Dunnellon For Sale

  • $49,900
  • 3 beds
  • 1 baths
  • 1,104 sqft

This is an opportunity to add a very affordable, tenant occupied rental to your investment portfolio. Here is a 3 bedroom, 1 bathroom, single-family home, that is just over 1,100 square feet. Located in Dunnellon, FL., it borders a major road with lots of traffic and is within walking distance to Dunnellon City Hall. Regarding its future use, the property could remain residential with the possibility of being rezoned and used as a commercial rental. This home has a metal roof that appears to be in good condition. It also has a new water heater, tile and carpeting throughout, and central air that is approximately 8 years old. It is currently rented for $600.00 per month and the tenant is on a month to month lease. Market rent for the property is roughly $700 per month. If achieved, the return would jump to almost 10%. We recommend increasing the rent with the current tenant or turning it over to a new tenant and collecting the full market rent

Price:
$49,900
Address:
W Test Ct.
Dunnellon, FL 34434
Square Feet:
1,104
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1939
Basement:
Rebntal: $3,250, Flip: $6,000
MLS #:
Rental: $600 mo. / $7,200 yr., $80,000

Call (407) 678-0062 for more details

Property Location