820 28Th St NW Winter Haven FL 33881
Bath: 1 (2)
Garage: 1 Car
Ext Const: Block
Sqft: 875 (1,235 once enclosed Porch is under air)
Rent Potential= 1050/mo
Potential Gross ROI= 13%
Property Overview: Currently the 5th CHEAPEST 3 Bedroom SFH available in the entire zip code. This solid block home will be vacant by closing, allowing the buyer to perform a light rehab, and place tenants at market rent for 13% gross ROI. If your’e interested in flipping this home, you will have to place the enclosed porch under air for an increase in Sqft to 1,235 for a higher after repair value. With over 31k in equity once the square footage has been added, there is no doubt that there will be room for the savvy Investor to make a profit.
Property Features include; Sturdy Shingle roof, ceramic tile throughout the home, Well maintained kitchen & bathroom,1 car garage, Intact Ac & Air Handler, enclosed porch that can be placed under air for an additional 360 Sqft for a future flip. Only minutes from Downtown Winter Haven, and all Major Toll Roads. Call or email your Stonebridge agent for more details. This property is certain to sell quickly.
Rent Rehab: 10k
Interior Paint, minor kitchen and bath updates, misc cosmetics.
Future flip rehab: 20-25k
Paint, Fully enclose the rear porch, kitchen and bath renovations, add a bathroom or half a bath, roof, misc cosmetics.
Available on 5.27.2020
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