2824 canal dr N LAKELAND FL 33801
3 Bedrooms | 1 Bath
his is the CHEAPEST SFH in the entire zip code. This well maintained home is ready for the savyy Investor to either flip or keep as a buy and hold. Properties at this price, in this current market, are getting harder and harder to find. As a Flip a second bathroom is highly recommended to achieve the after repair value, but with similar fully renovated homes in the area selling up to 157 dollars a square foot, there is room for a decent profit. As a rental, a light rehab is necessary to place tenants at market rent, and begin cash flowing at a gross 12% return. This property has over 40k in equity which allows the Investor to pull the equity out and repeat.
Available on 12.09.2020
Don’t let this excellent opportunity pass you by! Get it yours now!
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The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement