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301 SW 3RD TERRACE

Multi-family For Sale
$1,700,000

BTC: 18.88995722

ETH: 557.37704918

2 days
0 room(s)
7,584 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Income producing multi family property! 12 units total over 6 duplexes generating upwards of 120k annually gross income with potential for over 140k annually. All units have had the interiors updated in the past few years aside from one. Tenants pay all utilities! There are very little fixed expenses. All units have their own HVAC and Washer and Dryer hookups. Many improvements made to the property over the last few years both interior and exterior. Units lease really quickly when vacant. Property is in great location in the heart of Mulberry and just south of Lakeland. Just off route 60 making it easy access to anywhere you need to get to. This property is ready to cash flow for years to come. Sale includes an additional vacant parcel right behind existing structures that can be built on adding additional income.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1950
Lot:
0.79 Acres
Heating:
Central
Price/sqft:
$224
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Other

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.79 Acres

    Other Property Information

    • Parcel Number: 233011156000009051

    • Zoning: R-1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Available

    • Public

  • Other financial information

    • Annual tax amount: $15,236

  • Source details

    • MLS ID: TB8460905

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup / Washer Hookup

    • Living Area: 7584

    • Water Source: Public

    • Lot Size Dimensions: 138 x 125

    • Subdivision Name: CRIGLER L N ADD

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DIVINE REALTY AND ASSOCIATES LLC