Cheap property for sale in usa, usa foreclosures for sale

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home

Ref: US085
Selling Price: 96 000USD
Price: 58 896£
Area: Florida

Property size: 2420 sq.ft.
Plot size: 10890 ft.
Bedrooms: 6
Garage: Yes

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Description property in usa

Duplex Florida Villa

6 Bedrooms

4 Bathroom

Year Built = 2004

Living Space = 2420 sq ft

1/4 Acre Plot

2 x Large garages

Finance Available (subject to status)

Net Return = 12.81% (Download Income-Expense Analysis above)

Property4peanuts are excited to offer this exclusive opportunity for our Investors to purchase a recently built, tenanted and fully managed Duplex Villa. There are 6 beds in total and 4 bathrooms. This villas was originally sold for 280,000 and is now available for only 96,000 USD! This property will provide excellent rental return whilst giving fantastic potential for capital growth as the market recovers.

The tenants are already in place and are excellent tenants... one works in the Medical Field and the other is a Drywall installer.

The location is excellent - right next to Lee Blvd, which is the main road to Fort Myers and Lehigh Acres.

Whilst prices have continued to drop over the past 2 years to their current record low levels, it has been said the bottom of the market has now been reached as prices are now 50-60% below the cost to build a similar home and with the combination of high sales activity and lack of new construction in the area, it is resulting in prices now starting to increase presenting a golden opportunity for investors.

These properties come with pre-vetted tenants giving excellent net yields up to 12%. The property management company in place is committed to providing quality service and the highest standard of performance to the owners, buyers, and tenants alike allowing you peace of mind and a ‘hands off’ investment. A number of these properties even come with an optional lease to purchase agreement by the tenant giving a solid exit strategy!

Location and Local Attractions property in usa

Comfortably away from the pace of everyday life, the area offers the quiet of the Florida countryside coupled with family activities, easy access to the area's international airport and excellent shopping excursions. The famous Fort Myers Beach, Sanibel Island, and Captiva Island are within a short drive and offer beautiful white sandy beaches and pristine natural habitats. The area is the perfect place to enjoy miles of freshwater canals, great fishing, boating, tennis, great golf courses, horseback riding and numerous hiking and biking trails.

Property Taxes are based on the appraised value of each and every property, as property prices have fallen dramatically, property taxes have also fallen. The result of lower property taxes is an increase on your return (yield). Nearby employers include, major retail stores, corporate headquarters, distribution centres, hospitals, universities and industrial areas, ensuring an excellent supply of quality tenants.