2151 Forked Creek Dr | Englewood, FL 34223

Duplex in Overbrook Gardens

2/1.5 on each side

Concrete block exterior

built in 1973

Total Sq Ft: 2,141

Will appraise at $129,000

Our all cash wholesale price is $107,800

This duplex has been re-stucco'd and painted! The interior has also been freshly painted, has new carpet & tile, and new kitchen appliances!

Both sides are currently under long term lease agreements, offering a $1300 monthly income already in place for you!

The expenses on this property are taxes ($1404/yr) and insurance ($1200/yr) Both units are separately metered for water and electricity, so the tenants pay for everything else!

NOI ($12,996) divided by the purchase price of $107,800 = cap rate of 12%!!!
That is an EXCELLENT RETURN!

We offer SELLER FINANCING OPTIONS & RENT TO OWN OPTIONS!

Doesn’t matter what your credit is like! With 20% down your monthly payments would be a low $863 per month!

For more information please call 941-556-6798

Duplex
Subdivison: Overbrook Gardens
Bed: 2 x 2  Bath: 1.5 x 2  Year Built: 1973  Exterior: Concrete Block
Sq Ft Heated: 1,687  Total Sq Ft: 2,141  Lot: 8,764
Garage: No  Pool: No

Call us at: (941)556-6798