206 N 14th St, Lanett, AL 36863
$14,990
$14,990 $19,990 - Single Family
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $150,000-$165,000
- Estimated Rehab: $75,000-$85,000
- Comparable Rent: $1,000-$1,200
- Construction: Frame
- Occupancy: Call your Agent
- Comp 1: 1509 N 4th Ave, Lanett, AL 36863 -- 3/1.5/1690 sq ft -- SOLD $160k JUL 2023 -- (Clean with Dated Finishes)
- Comp 2: 909 N 13th St, Lanett, AL 36863 -- 3/1/1075 sq ft -- SOLD $155k SEP 2023 -- (35% Smaller Clean with Updates)
- Comp 3: 406 N 14th Ave, Lanett, AL 36863 -- 3/2/1617 sq ft -- SOLD $150k OCT 2022 -- (Clean with Updates)
- Comp 4: 1321 4th Ave, West Point, GA 31833 -- 2/1/1354 sq ft -- SOLD $65k AUG 2023 -- (Occupied Sale, AS-IS Investor Purchase)
- Rehab Description: For a flip or rental this needs a full rehab renovation to the kitchen, bathrooms, flooring, fixtures, and appliances. Roof needs to be replaced and ceiling needs to be repaired in parts of the home. Electrical/plumbing may require attention. Finish off with fresh paint, deep cleaning, and landscaping to boost curb appeal!
- Features: Bungalow Flip and Rental Opportunity in on the Alabama / Georgia Line! This 3 bedroom, 2 bathroom home sits in a quiet residential pocket of Lanett, AL! The property features a sprawling 1,600+ sq ft of living area and high curb appeal! Centrally located just west of downtown West Point, only a five minute walk to Point University, this property sits in an EXCELLENT location! Don’t miss out on this opportunity to get into this college town market at a nearly impossible-to-find price point!
- Important Details: --> Vacant at Closing!
- Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab