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5430 LEWELLYN ROAD

Commercial Recently Sold
$1,350,000

BTC: 19.36872310

ETH: 550.44749343

Sold on: 2022-11-22
12 days
0 room(s)
12,200 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

13 Unit Triplex & Duplex Portfolio Investment!! First time ever offered to the market. Lakeland is a growing market with an influx in population with housing being more in demand than ever. Local demand for housing is being spurred on by expanding distribution and shipping industry surrounding Lakeland. The property consists of three tax parcels which are improved with three triplexes and two duplexes to total thirteen residential units. The five multi unit buildings are constructed on 2.93 gross acres that is accessible from the main frontage road and a dead-end cul-de-sac on the rear of the property. The configuration of the existing buildings offers value-add opportunity with the ability to construct additional buildings on vacant or underutilized portions of the property to generate more rental revenue and further increase the return on the initial investment.

Location

Florida • LAKELAND • 33810 • Commercial • Recently Sold

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1983
Lot:
2.93 Acres
Heating:
Central
Price/sqft:
$139
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Tile

    • Concrete

    • Laminate

    Heating

    • Central

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

    • Dryer

  • Lot

    • Lot: 2.93 Acres

    Other Property Information

    • Parcel Number: 232729000000011410

    • Zoning: R-3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Capable

    • Private

    • Water Nearby

  • Other financial information

    • Annual tax amount: $10,800

  • Source details

    • MLS ID: O6059953

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Window Features: Aluminum Frames

    • Living Area: 12200

    • Water Source: Well

    • Lot Size Dimensions: 276 x 200

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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: CORE GROUP REAL ESTATE LLC