4/2 cash flow duplex in Lakeland
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N. Stella Ave, Lakeland, FL 33805
($40,000.00)
Please call for more info and showing, Foster Algier 407-668-4396.
ARV: $76,000 - $85,000 +/-
Rehab: Heavy
Rent: $550 - $650/unit +/- (rentometer)
Duplex
1,820 SqFt
Built: 1981
Construction: Block
This property will need a heavy rehab. Estimated rent for each unit is $550 - $650, totaling $1,100 - $1,300 per month when fully occupied (Over 17% Net ROI). It is centrally located with easy accessibility to bus lines, shopping, and restaurants - all of which will contribute to its ability to attract a tenant quickly. Cash flow analysis (a complete breakdown of the expenses, rehab, rent roll, etc.) available upon request. NO HOA!
All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract and a special warranty deed. Buyer will be responsible for all closing costs unless otherwise indicated.
Foster Algier, Licensed Real Estate Agent, Sand Dollar Realty Group, Inc.
VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!
N. Stella Ave, Lakeland, FL 33805
($40,000.00)
Please call for more info and showing, Foster Algier 407-668-4396.
ARV: $76,000 - $85,000 +/-
Rehab: Heavy
Rent: $550 - $650/unit +/- (rentometer)
Duplex
1,820 SqFt
Built: 1981
Construction: Block
This property will need a heavy rehab. Estimated rent for each unit is $550 - $650, totaling $1,100 - $1,300 per month when fully occupied (Over 17% Net ROI). It is centrally located with easy accessibility to bus lines, shopping, and restaurants - all of which will contribute to its ability to attract a tenant quickly. Cash flow analysis (a complete breakdown of the expenses, rehab, rent roll, etc.) available upon request. NO HOA!
All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract and a special warranty deed. Buyer will be responsible for all closing costs unless otherwise indicated.
Foster Algier, Licensed Real Estate Agent, Sand Dollar Realty Group, Inc.