Additional Details

• Important Details: Townhome-->Vacant at close--> LOW HOA
• Features: Easy Fix & Flip or buy and hold UNDER $180,000 in LAKELAND, FL?! This 3-bedroom, 2.5 Bathroom townhome features 1306 of living sq ft, a great 2-story layout, and 1-car garage and minimal work needed. Enclosed lanai in the back overlooks a grassy area with a lake/park view. Being offered vacant at close with instant equity, plenty upside as a quick flip, or a great addition to your rental portfolio. With a few touchups, this property will be ready to hit the market!
• Potential ARV: $230,000-$240,000
• Rehab Description: This is an easy rehab- just needs a repaint and clean interior. Do some landscaping out front to boost curb appeal. HOA takes care of Roof- currently in good condition. Central HVAC working properly.
• Comparable Rent: $1950-$2000/MO
• Ideal Investment Strategy: Rent/Resale
• Construction: CBS Main floor/ Frame 2nd Floor
• Comp 1: 925 FENTON LANE Unit #11, LAKELAND, Florida 33809-2/2/1 1305 SQFT 1983 Build PENDING at $224,900 (Very Dated, only 2 beds)
• Comp 2: 940 FENTON LANE Unit #7, LAKELAND, Florida 33809- 2/2/1 1306 SQFT 1983 Build ACTIVE at $214,900 (Very Dated, with view of the street, only 2 beds)
• Comp 3: 940 FENTON LANE Unit #28, LAKELAND, Florida 33809-3/2.5/1 1306 SQFT 1983 Build SOLD at $250,000 on 12/15/23 (Some updates, older comparable, exact same layout)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab