Perfect FLIP in Lakeland FL

casa

1 acre

3 quartos

2 banhos
venda

$149,000

estado : vendido

ano de construção : 1925

descrição

Property Overview: The subject property is located in Polk County, just steps away from Lake Hollingsworth. We feel that it would make an excellent Flip because it is the 6th CHEAPEST, 3 Bedroom 2 Bath SFH in the entire Zip Code. This home can be purchased for 149,900, needs an estimated total of $45,000 in repairs as a Flip, so you would be all into the project for roughly $201,000. The Flip comps of renovated homes in the area, lead us to believe this property has a $255,000 After Repair Value. This means an investor can walk away with an estimated net profit of $30,000. Homes in this area are selling in less than a week once renovated with the proper finishes. Call or email your Stonebridge agent for more details. This property is certain to sell quickly.
Roof needs to be replaced.
Needs a new AC unit & Air Handler.
Kitchen needs full renovations.
Both bathrooms needs updating.
The home features original hardwood Floors that can either be refinished or replaced.
Windows need to be replaced.
6,778 Sqft Lot Size
SFR Zoning

Rent Rehab: Medium/heavy 45K
Paint, front porch has a bit of mold that needs to be treated, kitchen & baths need updating, Roof, Flooring can either be refinished or replaced, Central Air needs to be Added, misc cosmetics.

Rehab Work Needed