Large Equity Buy N Hold - Winter Haven FL $69K

House

1334 ft²

2 Bedrooms

1 Baths
Flip/Rental

$69,900

Status : Sold

Year Built : 1953

Description

Property overview
Out of 394 properties currently available in the city of Winter Haven, this is the 3rd cheapest by purchase price, and 4th cheapest by Lp Sqft, as a buy & hold, simply perform a light rehab and place a tenant at market rent, to get this gem cash flowing at a gross 14% ROI; however, there is enough equity for you to fully rehab this home fro a profit, since fully renovated homes in the area are selling up to $111sqft.

Property features include, quarter acre lot, 5 year old roof, carpet & tile throughout the home, well maintained bathroom, In tact A/C & Air Handler, two sheds, 1 car carport, washer & dryer. The property is only one block away from the highly sought out Lake Cannon, Winter Haven airport, and all major toll roads.

Rent rehab 10K, interior paint, new carpet or laminate throughout, landscaping, A/C repair, misc cosmetics is recommended.

Flip rehab 20K, flooing, paint, minor kitchen and bath updates, A/C repair, landscape package, fixtures throughout, misc cosmetics is recommended.

Please contact JULIAN anytime, any day @
407-537-0834
julian.homebuyers@gmail.com
PLEASE LEAVE A TEXT OR VOICEMAIL IF NO ANSWER

Rehab Work Needed