515 Ella Avenue, Inverness, FL 34450

$53,001
2
BD
1
BA
902
SqFt

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List Price
$53,001
Status
ACTIVE
Days on Market
56
Price Change
▼ $6,221 1786689649
MLS#
OM727203
Subtype
Residential
Style
One Story
Year Built
1945
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
902
Lot Size
12,859
Acres
0.30
MLS Area Major
Inverness

Property Description

Investor opportunity with RO (Residential/Office) zoning located just minutes from downtown Inverness. This 2-bedroom, 1-bathroom property is in need of substantial repairs and is being sold strictly as-is for cash buyers only. The home requires a new roof as soon as possible and has foundation issues that will need to be addressed. A portion of the living room was enclosed to create a flex space that may function as a third bedroom. Atleast two rooms have visible ceiling water damage, and there may be subfloor damage beneath stored personal property currently occupying those areas. Tarps are presently installed on the roof to help prevent additional water intrusion. The property does not have central air conditioning and is cooled by window units only. The condition of the plumbing and electrical systems is unknown. The interior shower is currently non-operational, and an outdoor shower is being used instead. Seller does not occupy the property and makes no representations regarding the condition of the home. Information provided is based on public records; buyers and buyer's agents are responsible for conducting all due diligence. The property is tenant occupied. Do not disturb tenants and do not visit the property without an appointment. Showings will be limited and are expected to occur primarily on weekends, as the tenant must be present during showings. The shed does not convey with the sale. Tenant indicates vehicles on the property will be removed prior to closing; however, any personal property remaining after closing will become the responsibility of the buyer. Conveniently located near shopping, restaurants, parks, public boat ramps, fishing, boating, and other outdoor recreation. RO zoning is intended to accommodate residential use alongside certain low-impact professional and administrative office uses; buyers should verify all permitted uses with the local zoning department. Cash offers only. Must use seller’s title company, Legal Counsel PA in Winter Garden, for closing with no exceptions. Preferred earnest money deposit is $7,500. Inspection period not to exceed 3 days. Closing to occur in 35 days of accepted contract. Assignment of contract is not permitted.

Additional Information

Interior Features
Open Floorplan
Exterior Features
Private Mailbox, Private Yard
Financing
Cash
Location
Irregular Lot
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RO
Appliances
Range, Refrigerator
Heating
Electric
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Wood Siding
Exterior Features
Private Mailbox, Private Yard
Stories
1
Levels
One
Roof
Shingle
Foundation
Pillar/Post/Pier
View
Trees/Woods

Listing courtesy of REAL BROKER, LLC. 855-450-0442

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