• Asking Price See Price
  • Estimated Value: $120,635
  • PITTS LAKE CITY, FL 32055

  • 3 Beds 1 Bath 1,680 SqFt
  • Single Family Home / Rent To Own

Property Details for PITTS St, LAKE CITY, FL 32055

Features

Facts

Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

Welcome to a real estate deal of a lifetime! Tucked away on a sprawling 4.17-acre lot, this diamond in the rough is a fixer-upper enthusiast's dream come true. A solid block home with charming brick accents, this property boasts incredible potential for the savvy investor looking to create a masterpiece. Let's take a closer look at this promising opportunity!nLocation:nSituated close to historic downtown, this property benefits from a prime location that promises high demand in the real estate market. The convenience of being just a stone's throw away from both I75 and I10 highways makes it ideal for commuters and those who appreciate easy access to major transportation routes. The nearby attractions and amenities ensure that the potential for capital appreciation is substantial.nProperty Details:nAt 1680 square feet, this home offers ample space for creativity and vision. Although in need of a full rehab, the sturdiness of the block and brick structure lays a solid foundation for a breathtaking transformation. The property's sprawling 4.17 acres provide an extraordinary canvas for building additional features or creating a private retreat.nInterior Layout:nWith 3 to 4 bedrooms and 1.5 baths, this residence provides versatility to accommodate a variety of layouts and designs. The Great Room, spacious and airy, invites a welcoming atmosphere and endless possibilities for entertainment and relaxation. A well-designed kitchen awaits a modern makeover to transform it into the heart of the home. The private dining area offers a cozy spot for intimate gatherings, adding a touch of elegance to the property.nPotential for Profit:nFor investors, the Target Distribution up the road adds a strategic advantage. This creates a unique opportunity to capture the attention of potential buyers or renters looking for a property close to their workplace. The ability to customize and enhance this fixer-upper will enable the investor to maximize their return on investment and potentially capitalize on the high demand for a property with this level of character and land.nUtility and Amenities:nThe property is equipped with a well and septic system, a valuable asset that brings cost-saving benefits for water usage. This ensures a sustainable water supply and reduces the utility expenses in the long run.nConclusion:nIn summary, this 4.17-acre fixer-upper with its sturdy block and brick structure, close proximity to historic downtown, major highways, and the target distribution up the road, offers a once-in-a-lifetime real estate deal. With 3 to 4 bedrooms, 1.5 baths, a Great Room, kitchen, private dining, and ample storage, this property holds immense potential for the visionary investor. Don't miss out on the chance to turn this hidden gem into a lucrative masterpiece. Embrace the challenge, unleash your creativity, and watch this property shine as a true real estate gem in the heart of a thriving community. CASH AS-IS DEAL. CONTRACTS/BIDS STARTING AT RESERVE OF $135,000. NO LOANS THIS PROPERTY NEEDS ABOUT $80,000 TO MAKE IT PERFECT.

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Property Brokerage: Platinum Homes and Land Realty 1701 NE 42nd Ave Suite 201 Suite A Ocala FL 34470
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.