Lakeland Flip Below Assessed Value
Lakeland Flip Below Assessed Value
3 bed
2 bath
1552 sq ft
Built in 1973
Single Family
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Quality of Comparables
14
/20
Location of Neighborhood
17/20
Quality of Floor Plan
15/20
Placement in Neighborhood
6/10
Property Details
Here is an excellent opportunity to invest in Lakeland. This home is a corner lot with three bedrooms, two bathrooms, 1552 square feet of living space, a two-car garage, and no HOA! We recommend a full rehab. To include a new roof, A/C, laminate flooring, kitchen cabinets, countertops, and the updating of the bathrooms. A Tree has to be removed in the front yard to it bring up to code and to increase desirability to future homeowners. This property has approximately $430,000 in code violations property, must be brought into compliance before those can be reduced. Polk County is a proven market with properties lasting less than a month on the market. This home is located only a few minutes away from restaurants, and shopping centers. With the right marketing and rehab, this property should not be an exception to the wave of buyers looking to settle in Lakeland. Be sure to contact your EquityPro Advisor today to secure this investment.
Notes: Many of the violations have been addressed. The tree has been removed and the yard has been cleaned up. Along with the car removed from the property. The roof is already been factored into the rehab budget.