$787,000
$824,900
4.6%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Lakeland, FL 33803
8,562 SqFt
Key Details
Sold Price $787,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 8,562 sqft
Price per Sqft $91
Subdivision Castle Sub
MLS Listing ID L4910874
Sold Date 01/24/20
Construction Status Financing
HOA Y/N No
Year Built 1976
Annual Tax Amount $4,866
Lot Size 0.700 Acres
Acres 0.7
Lot Dimensions 195x119
Property Description
Opportunity to Own A Fantastic Income Producing Property in Central Lakeland! Perfect for investor who wants all properties close together. Four Townhome-Style Duplexes (4 buildings, 8 doors) all on ONE-PARCEL, One-Water-Meter, ALL SEPARATE ELECTRIC, all ONE PARCEL. Two duplexes have 3 BEDROOMS and 1.5 BATHROOMS, and the other 6 units have 2 BEDROOMS and 1.5 BATHROOMS. Both of the 3 bedroom units were recently painted. Two of the 2-bedroom units are partially renovated and will need additional work including flooring and kitchen cabinetry. All the buildings have been recently painted on the exterior and and new siding was installed two years ago. All roofs are approximately 10 years old and the parking lots were repaved two years ago. ACTUAL RENTS: $1,095/$950/$750/$750/$895/$650. Estimated (full) market rents: $1,095/$1095/$895/$895/$895/$895/$895/$895 for a total Annual Gross Income of $90,720. This property is conveniently located close to schools and public transportation; near South Edgewood Drive and Harden Blvd. TENANT OCCUPIED. PLEASE DO NOT DISTURB TENANTS. Buyer to verify ALL information.
Location
State FL
County Polk
Community Castle Sub
Zoning RB-1
Rooms
Other Rooms Inside Utility, Storage Rooms
Interior
Interior Features Living Room/Dining Room Combo
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Ceramic Tile, Laminate, Vinyl
Fireplace false
Appliance Dishwasher, Range, Refrigerator
Laundry Inside
Exterior
Exterior Feature Fence, Sliding Doors
Garage Assigned
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available
Roof Type Shingle
Porch Front Porch, Patio
Garage false
Private Pool No
Building
Lot Description City Limits, Paved
Entry Level Two
Foundation Slab
Lot Size Range 1/2 Acre to 1 Acre
Sewer Public Sewer
Water Public
Structure Type Block,Vinyl Siding,Wood Frame
New Construction false
Construction Status Financing
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with LAKELAND HOMES AND REALTY, LLC