Low Cost Flip Near Gainesville! – NE 71st Place, Hawthorne, FL 32640 For Sale

  • $47,500
  • 3 beds
  • 1 baths
  • 1,050 sqft

Here is a well-maintained home that just needs a little TLC to make rent or flip ready. It is a 1,050 square foot single-family home consisting of 3 bedrooms and 1 bathroom sitting on a third of an acre. The home has a new Water Heater, newer HVAC, along with many other upgrades and a roof that was fully replaced in 2014.

There are front screened-in porch and a good-sized back yard with a new well. The previous tenant was paying $750 per month for a yield near 11%. The current market rate is $1050 per month, but I am playing it safe at $900 per month to produce over 13% APY. On the ‘flip’ side, you can do a bit more updating, to generate a 30% ROI. And is only 20 minutes from UF in Gainesville.

Price:
$47,500
Address:
NE 71st Place
Hawthorne, FL 32640
Square Feet:
1,050
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1959
Basement:
Moderate
Const. Type:
Wood
MLS #:
$90,000

Call (407) 678-0062 for more details

Property Location