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5009 CIMARRON DRIVE

Multi-family Active With Contract
$490,000

BTC: 7.67808215

ETH: 192.15686275

56 days
5 bds
1,210 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. Discover an exceptional investment opportunity with this duplex located in the sought-after Cimarron South Subdivision of South Lakeland. Unit 5009 provides three bedrooms and two bathrooms, while Unit 5011 offers two bedrooms and two bathrooms. Both units boast recent upgrades, making them a turnkey investment for savvy buyers. The recent renovations will impress prospective tenants and ensure a profitable return on investment. In 2021, a new roof was installed, providing long-lasting protection and mitigating any potential future expenses. The introduction of tile flooring throughout both units adds an elegant and low-maintenance touch. The new HVAC systems installed in 2021 will not only provide comfort to tenants but also contribute to energy efficiency. Furthermore, both units have been freshly painted inside and out in 2021, creating a refreshing atmosphere that prospective tenants will appreciate. Additionally, new blinds have been installed to enhance privacy and aesthetics. Unit 5009 benefits from another significant upgrade: new double-paned windows installed throughout by the reputable company Window World. This feature adds value and insulation, ultimately reducing energy costs for both tenants and the landlord. Both units are currently tenant-occupied, providing an immediate income to the new owner and eliminating the need for advertising and tenant screening. The stability of current leases ensures consistent cash flow without the typical initial challenges of finding reliable renters. Located in a close proximity to various shopping centers, eateries, and other amenities. Tenant occupancy provides immediate income, while the convenient location adds to the property's appeal. Don't miss out on the chance to add this exceptional investment property to your portfolio in the vibrant South Lakeland area.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1986
Lot:
0.11 Acres
Heating:
Central
Price/sqft:
$405
Cooling:
Central Air
HOA:
$400
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Microwave

    • Refrigerator

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Property

    • Exterior Features: Other / Sliding Doors

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 232912140166000022

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

  • Other financial information

    • HOA: $400

    • HOA Frequency: Annually

    • Annual tax amount: $2,728

  • Source details

    • MLS ID: L4946245

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Living Area: 1210

    • Water Source: Public

    • Subdivision Name: CIMARRON SOUTH

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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 ©2024-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: BHHS FLORIDA PROPERTIES GROUP