Help me analyze this rehab please!!

[Joshua Hollandsworth]

I'll keep it short. I see a possible opportunity to build some equity, but this is my first rehab. This property is a rental, so there's no pressure. I bought my property for 55k. 1100 square feet. 3 bd 1 ba. Built in 1944. The property next to mine was just appraised for $89k. 3 bd. 1 ba. 1100 square feet. Built in 1944. However, there are some big differences in our properties. They have Central A/C. They have a new driveway, new garage, newer windows, new appliances, newer bathroom, newer kitchen. I have 60 amp they have 100 I want to say. I'm pretty sure they have click lock flooring I'm the living room and everything else is carpet. They spent $40k on renovations I'm assuming the driveway and garage played a huge role here. Im not touching the driveway or the garage. I just want some advice on how to get the biggest bang for my buck. I'm planning to rehab, but I would like to capture some equity. Any advice is highly appreciated. Thanks.