3725 Patio Ct, Lake Worth, FL 33461
SOLD! $339,990 - Duplex
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $500,000/$515,000
- Estimated Rehab: $40,000/$45,000
- Comparable Rent: $4,000
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 3661 Laurette Ln (DUPLEX, 1624 sq ft) -- PENDING @ $525,000 (Clean) Went pending in 14 days!
- Comp 2: 4281 Carver St (DUPLEX, 1512 sq ft) -- SOLD @ $445,000 (Clean) Sold in 21 days!
- Comp 3: 721 Greene Ave #1 (DUPLEX, 1544 sq ft) -- SOLD @ $455,000 (Outdated) Sold in 16 days!
- Rehab Description: This is a rental play and it doesn't require a high end finishes. For a flip, replace the roof, replace existing AC units, and reseal the driveway. On the interior, repaint throughout, replace floors, remodel the kitchen, remodel the bathrooms, and deep clean. On the exterior, repaint and do minor landscaping.
- Features: CASH COW Opportunity w/ equity in Lake Worth! This 4/2 CBS Duplex is 100% conforming and just needs a straightforward rehab to raise the rents to the market standard and begin collecting big monthly checks + sits on MASSIVE 11,000+ sq ft lot! 2 minutes away from the intersection of Military Trail and Lake Worth Road, and just minutes away from Palm Beach International, I-95, and Downtown Lake Worth Beach!
- Important Details: On a 11,241 sq ft lot! - M2M Tenants in place
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab