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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!
| DAYS ON MARKET | 130 | LAST UPDATED | 8/7/2024 |
|---|---|---|---|
| TRACT | ACREAGE | YEAR BUILT | 1962 |
| COMMUNITY | 33801 - Lakeland | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Philip O’Brien Elementary |
|---|---|
| Jr. High School | Crystal Lake Middle/Jun |
| High School | Tenoroc Senior |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Range, Refrigerator, Washer |
| AREA | 33801 - Lakeland |
| CONSTRUCTION | Block, Wood Siding |
| EXTERIOR | Storage |
| HEAT | Other |
| LOT | 0.3 acre(s) |
| LOT DIMENSIONS | 110x120 |
| PARKING | Driveway |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | ACREAGE |
| TAXES | 7200.77 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Sean Wetherington, LPT REALTY, LLC, 877-366-2213
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/22/24 5:16 PM PST.
This IDX solution is (c) Diverse Solutions 2024.