Polk county Flip or Cash-Flow Osceola Ave. Lake Alfred, FL. 33850
Showing Scheduled – Thursday 10/8 – Please RSVP
This is an off-market 2/1 672 SQFT single family home on 1/2 acre that can be a flip or cash-flow.
Rehab includes flooring, paint, wood/trim repair, AC, kitchen and bath updating. Metal roofs have a long life so the current roof may not need to be updated. Due to the small size of the property you should be able to get this fully rehabbed for relatively cheap.
Realistically this should rent in the $750-$800 range even though zillow has it at $1,050. There are multiple flips in the same neighborhood that have sold in a week or less. If you take into account the small square footage, the 2/1 bed and bath and the frame construction this should probably sell on the retail market between $90k-$100k after renovations.
Showings by appointment only, please do not disturb the tenants.