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Lakeland,FL 33801
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,282 sqft
Price per Sqft $260
Subdivision Acreage
MLS Listing ID U8250359
HOA Y/N No
Originating Board Stellar MLS
Year Built 1962
Annual Tax Amount $7,200
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 110x120
Property Description
CASH COW HERE! This incredible FULLY OCCUPIED INCOME PRODUCING PROPERTY is a must-see! With a fantastic 9.98% CAP RATE and 14.15% CASH ON CASH RETURN, this asset offers a reliable source of PASSIVE INCOME for savvy investors. OFFERING MEMORANDUM AVAILABLE VIA EMAIL. FINANCING PACKAGE AVAILABLE for the new buyer. The property consists of a wonderful 3-bedroom SINGLE FAMILY HOME and an attached 3-unit TRIPLEX, providing an excellent potential for substantial revenue. The entire property has undergone a COMPLETE RENOVATION and boasts NEW KITCHENS AND BATHROOMS, a NEW ROOF and NEW SEPTIC TANK, providing ultimate peace of mind for the owner. The ample parking space available on the property is another great feature, making it easy for tenants and guests to have a convenient parking experience. If you're in search of a TURN-KEY investment opportunity, look no further than this exceptional property. Schedule a viewing today and take the first step towards making a wise investment choice!
Location
State FL
County Polk
Community Acreage
Zoning RE-1
Interior
Interior Features Ceiling Fans(s),Window Treatments
Heating Other,Wall Units / Window Unit
Cooling Mini-Split Unit(s),Wall/Window Unit(s)
Flooring Ceramic Tile
Fireplace false
Appliance Dryer,Range,Refrigerator,Washer
Laundry Common Area,Laundry Room
Exterior
Exterior Feature Fence,Storage
Garage Driveway
Utilities Available Cable Connected,Electricity Connected,Street Lights,Water Connected
Waterfront false
Roof Type Membrane,Shingle
Parking Type Driveway
Garage false
Private Pool No
Building
Entry Level One
Foundation Pillar/Post/Pier,Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Block,Wood Frame,Wood Siding
New Construction false
Schools
Elementary Schools Philip O’Brien Elementary
Middle Schools Crystal Lake Middle/Jun
High Schools Tenoroc Senior
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None