🔥 49 Percent ARV!! Double Lot 🔥 Cheap Mulberry Flip

Polk County, Mulberry, FL, 33860
Sold
Listed at: April 15th, 2024
Price
$109,900
ARV
$224,900
Gross Margin
$115,000
Sq. Footage
1050
Type
Single-Family
Parking
Driveway
Year build
1965
Lot size
0 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Great spread here for any Polk County investors. This 3 bed/1 bath is ready for a full rehab and sits on a full double lot. This is the flip you have been looking for. 

  • 🔨 New ROOF in 2020
  • 🌳 DOUBLE Lot - 160' Wide!!
  • 💦 CPVC Plumbing Supply Lines
  • 🧱 Block house
  • 🥶 2017 Package A/C Unit
  • ⚡️ Updated Electric Panel
  • 🏚️ Only 1 active house on the market within 2 miles and under $200k, and it is a 1923 built wood frame house.
  • 🎥 Reach out for Video Walkthrough

 💵 Comps:

  1. 315 NE 9TH STREET - 3 bed/1 bath; 963 sf; Sold at $232k; Fully renovated concrete block house, built in 1956; Great comp
  2. 505 NE 10TH AVENUE - 3 bed/1 bath; 920 sf; Sold at $210k; Fully renovated; Sits on a small 50x100 foot lot.
  3. 320 NE 9TH STREET - 3 bed/1 bath; 971 sf; Sold at $245k; Fully renovated
  4.  701 NW 9TH AVENUE - 3 bed/1 bath; 1,290 sf; Pending in 2 days at $190k; Not updated but livable.
  5. 179 NW 10TH DRIVE - 3 bed/1 bath; 1,416 sf; Pending at $209k; Updated
-Call 407-890-7789 -Zenn Homebuyers, LLC, or an affiliate, has this property under contract and holds an equitable interest in this property. This advertisement is for the sale of this equitable interest and contract assignment. -Sold As-Is for Cash or Private Lender Only -$10,000 non-refundable deposit is due at the time of contract assignment or signing of contract with Zenn Homebuyers, LLC. -Properties are sold As-Is with NO inspection period; Inspections must be made prior to offer. -Buyer pays all closing costs for both buyer and seller sides of the transaction. -ALL information provided including costs, rehab estimate, rental rate/return projections, ARV, square footage, etc must be independently verified. ALL data is based on opinion and estimates of Zenn Homebuyers, LLC, actual figures may vary. Square footages are taken from public records. -Risk of Loss: Real estate investment is speculative in nature and there is a risk of loss. The recipient of this information should carefully consider whether such investing is suitable for them. -NON-REPRESENTATION: Owners, members, and or employees hold a real estate license in the State of Florida. Any and all information provided is done for strictly informational purposes.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Zach Mitchell

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