614, Lemon Avenue, Dundee, Polk County, Florida, 33838, United States
SOLD! $89,990 - Single Family
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $160,000 - $180,000
- Estimated Rehab: $25,000 - $35,000
- Comparable Rent: $1,200
- Construction: Frame
- Occupancy: Month to month tenant
- Comp 1: 412 E Frederick Ave, Dundee, FL 2/2/952 sq ft - SOLD for 180k JAN 2022 (1925 build, poor landscaping)
- Comp 2: 326 Lincoln Ave, Dundee, FL 3/1.5/1014 sq ft - SOLD for 152k JAN 2021 (Clean driveway, dated sale)
- Comp 3: 806 Dr Martin Luther King St, Dundee, FL 3/1.5/812 sq ft - SOLD for 140k MAY 2021 (smaller living area, smaller lot, similar layout, sold May of 2021)
- Rental Comp: 713 Citrus Ave, Dundee, FL 2/1/1020 sq ft - LEASED for 1200/mo in APR 2020 - (Less beds/baths)
- Rehab Description: For a rental or a flip, this property will need a new HVAC and a cosmetic rehab. The roof appears to be in good condition. Deep clean, apply a coat of paint to both the interior and exterior. Replace the flooring, update the bathrooms and the kitchen appliances.
- Features: Dual-threat opportunity! This 3 bedroom, 1.5 bath home is less than an hour drive from Disney World and features a sunroom along with a front porch. Some TLC will have this ready to rent or back on the market quickly! Don't miss out on this dual-threat play in a rent market that can allow this property to achieve approximately $1100-1200/mo!
- Important Details: Buyer agrees to assume month to month tenants.
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab