638 Dr J A Wiltshire Dr W, Lake Wales, FL 33853 Assigned

  • $58,990
  • 2 beds
  • 2 baths
  • 960 sqft
Assigned

638 Dr J A Wiltshire Dr W, Lake Wales, FL 33853

PRICE IS ONLY $58,990 NET

Main House
2 Bedroom
2 Bath
Built: 1920
Sqft: 960

Rear House
1 Bedroom
1 Bath
Built: 1968
Sqft: 560

Ppsf: 32.82
Tax/Yr: 677.00
HOA: n/a

Estimated Rehab: 20-30K
After Repair Value: 110,000

Flip Potential ROI: 18%
Flip Potential Net Income : 16k

Potential Annual Gross ROI: 23%
Potential Annual Gross Income: 16,800

This is the fifth CHEAPEST SFH in the entire County out of 1,862 available homes.This deal consist of 2 SFH on one lot, with the main house featuring 2 beds 2 baths, 960 Sfqt, and the rear home is a 1 bed 1 bath 560 sqft. As a Flip, the well maintained main home is in need of light cosmetics, and the rear home is where the most rehab is needed. As a rental, the main home will rent out for 900 a month after a light rehab, and the rear home will rent out for 500 a month after a full rehab. Once renovations are done, simply place a tenant at market rent to begin cash flowing at an estimated 23 percent return.

Available on 07.17.2020

Don’t let this excellent opportunity pass you by! Get it yours now!

Make An Offer On This Property

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Price:
$58,990
Address:
638 Dr J A Wiltshire Dr
W, Lake Wales, , Florida 33853
Square Feet:
960
Lot Size:
5,789 sqft
Bedrooms:
2
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1920

Additional Features

638 Dr J A Wiltshire Dr W, Lake Wales, FL 33853 Fixer upper for the investor in you. This home has great rent potential with some TLC. Don't wait it will go at this price.

Call (954) 280-5883 for more details

Property Location