This block 3 bedroom, 2 bath, 1,816sqft home is the 3rd house up the canal from direct lake access in Sebring. Little Lake Jackson is a 125acre lake with access to Big Lake Jackson which has sandy beaches and 3500 acres. It’s amazing that you can still buy deals like this for so cheap in Florida. These deals won’t last much longer as Florida continues to grow. Nice neighborhood and the house is in average rental condition according to the Seller. Currently rented for $1300/m but Seller has a 60day notice to vacate stipulation in the lease in case you want the tenant to move.
Roof is only 1 year old, inside is dated, AC is only 4yrs old. Would need some updates for a flip, but it’s been maintained as a rental for years.
Seller’s loss is your gain. Seller trying to move back home in a hurry and just wants the place sold quickly since he inherited it from his Father.
The Zestimate is $159k
Repairs for full rehab: $35k
Rental repairs: $0, already rented
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