1104 Fleming Ave Lakeland FL 33815 Available

  • $55,000
  • 2 beds
  • 1 baths
  • 1,260 sqft

1104 Fleming Ave Lakeland FL 33815

2 Bedrooms 1 Bath
Built: 1952
Sqft: 1,260
Ppsf: 75.95
Tax/Yr: 1,219.00
HOA: None
Est. Rehab: 30-40K
Est. After Repair Value: 120K
Flip Potential ROI: 22%
Flip Potential Net Income : 21k

Potential Annual Gross Income: 12,600
Potential Annual Gross Return: 16%

Selling Features:
This is the 5th CHEAPEST 2 Bedroom SFH in the entire county out of 2,202 available homes. As a Flip, this property will need a full renovation, besides the roof which is only a few years old, but with similar fully renovated homes in the area selling up to 111 dollars a Sqft, there is plenty of meat left on this bone for a positive profit margin. As a Rental, the same rehab is required but with basic finishes, and once the home is rent ready with a tenant at market rent, this deal will easily cash flow at a 16% ROI. There is plenty of space to create an additional bed or bath, but an extra bedroom is highly recommended to achieve the desired after repair value

Available on 06.08.2020

Don’t let this excellent opportunity pass you by! Click The Link Below

Make An Offer On This Property

  • This field is for validation purposes and should be left unchanged.
1104 Fleming Ave
Lakeland, Florida 33815
Square Feet:
Assignment of Contract
Property Type:
Year Built:

Call (954) 280-5883 for more details

Property Location