778 Detour Road, Lake Hamilton, Polk County, Florida, 33844, United States
SOLD! $109,990 - Single Family
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $185,000-$200,000
- Estimated Rehab: $15,000-$30,000
- Comparable Rent: $1,225
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 1058 Detour Rd, Haines City, FL 33844 -- 3/1/925 sq ft -- SOLD $200k DEC 2022 -- (Pending in 10 days at full ask! Clean, Partial Updates)
- Comp 2: 228 Palm Dr, Haines City, FL 33851 -- 3/2/1076 sq ft -- SOLD $245k NOV 2022 -- (Clean with Updates)
- Comp 3: 114 Poinsettia Dr, Haines City, FL 33844 -- 3/2/990 sq ft -- SOLD $255k SEP 2022 -- (1-car Garage, with Updates)
- Comp 4: 713 Citrus Ave, Dundee, FL 33838 -- 2/1/1020 sq ft -- LEASED $1300/mo JAN 2023 -- (Clean Rental Condition)
- Rehab Description: For a rental, cosmetic updates are optional. Begin with a trash out and deep clean. The kitchen, bathroom, and flooring are all in rent-ready condition. The roof and HVAC both appear to be in fair shape. Replace the water heater. Finish with a fresh coat of paint in and out. For a flip, cosmetic updates are recommended. Remodel the kitchen, bathroom, and flooring. Replace the HVAC system. Replace the water heater, lighting, and fixtures. Finish with a fresh coat of paint in and out and address landscaping.
- Features: DUAL-THREAT OPPORTUNITY!!! This 3 bedroom, 1 bathroom, CBS construction home sits in a quiet pocket of Haines City, FL! The property features a carport/utility area and is already in fair rental shape! With easy access to Hwy-17, this property sits in a nice location! Don't miss out on this opportunity to add a rental with equity or quick and easy flip to your portfolio!
- Important Details: --> Rented month-to-month. A tenant estoppel will be provided at closing.
- Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab