1941 Brown Road, Alva, FL 33920

$399,000
8
BD
2
BA
2,084
SqFt

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List Price
$399,000
Status
Active
Days on Market
96
Price Change
▼ $186,000 1781545210
MLS#
A4690951
Property Style
Single Family
Architectural Style
Ranch
Year Built
1973
Bedrooms
8
Bathrooms
2
Living Area
2,084
Lot Size
13,329
Acres
0.31
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Yerkes Greig W
MLS Area Major
Alva

Property Description

Investor opportunity Pad Split home fully occupied at approximately $4,000 month rental Income, with current rental income below its full potential. When you evaluate the Investor ROI on this opportunity, it Stands Out as an incredible investment to plug and play and generate solid cash flow. This property sits on a spacious lot and offers multiple paths for value—renovate, hold, or reposition as a rental. There’s room to improve the existing structure and potentially add additional living space to increase income. Located in a quiet area with convenient access to parks, schools, and major roadways, making it appealing for both long-term tenants and short-term rental use. The lot size and setting provide flexibility to create a more desirable outdoor space for future occupants or guests.

Additional Information

Taxes
$4063
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RS-2
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Tile
Appliances
None
Utilities
Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Stucco
Exterior Features
Other
Roof
Shingle
Foundation
Other
Pool
No Pool
Flood Zone Code
AE
Parcel ID
22-43-26-03-00004.009B
Legal Description
IDALIA ANNEX BLK 4 PB 3 PG 44 PT LOT 9 THE S 100.85 FT

Listing courtesy of REALTY ONE GROUP MVP. 800-896-8790

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