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.

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  • Listing Type Multi-Family
  • Listing ID L4910874
  • House Size 8,562 sqft
  • Lot Size 195x119
  • Listing Status Active
  • Year Built 1976
  • County Polk
  • Units 8
  • Zoning RB-1
  • Taxes 4866.0
  • TaxYear 2018
Listing courtesy of LAKELAND HOMES AND REALTY, LLC

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