2500 Westover Dr, Palatka, FL 32177

Prime Investment Opportunity in Palatka, FL - ASSUMABLE MORTGAGE

This 3-bedroom, 2-bathroom single-family home is a rare find with no HOA fees and incredible profit potential. Whether you're looking to flip or hold for rental income, this property checks all the boxes for a savvy investor. Key Features: Bedrooms/Bathrooms: 3 Bed | 2 Bath Size: 1,935 sqft Year Built: 1968 Lot Size: 14,810 sqft Condition: Ready for updates - property has been deep-cleaned, painted, pressure-washed, and the pool has been shocked for rental readiness. Financial Highlights: ARV: $312,000+ Purchase Price: $229,900 Monthly LTR Income: $2,100/month PITI: $1,362/month (4.625% VA Loan) Taxes: $1,400 annually Arrears: $5,000 Entry Costs: Total Entry: $35,000 + Closing Costs Low Entry Fee of $30,000 Why This Property? Vacant at Closing for immediate possession. Close of Escrow: On or before December 15, 2024 - perfect for end-of-year planning. Spacious Lot: Perfect for families or tenants, with plenty of outdoor space to enjoy. Invest with Confidence: With a strong rental market and potential for $312K+ after renovation, this property is a goldmine for seasoned investors or those just starting out. No HOA Fees to worry about means more profit for you! Act Now - Opportunities Like This Don't Last! Contact us today to secure this deal.