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Multi-family Recently Sold
$787,000

BTC: 9.46596103

ETH: 296.98113208

Sold on: 2020-01-24
77 days
0 room(s)
8,562 sqft

Overview

Opportunity to Own A Fantastic Income Producing Property in Central Lakeland! Perfect for investor who wants all properties close together. Four Townhome-Style Duplexes (4 buildings, 8 doors) all on ONE-PARCEL, One-Water-Meter, ALL SEPARATE ELECTRIC, all ONE PARCEL. Two duplexes have 3 BEDROOMS and 1.5 BATHROOMS, and the other 6 units have 2 BEDROOMS and 1.5 BATHROOMS. Both of the 3 bedroom units were recently painted. Two of the 2-bedroom units are partially renovated and will need additional work including flooring and kitchen cabinetry. All the buildings have been recently painted on the exterior and and new siding was installed two years ago. All roofs are approximately 10 years old and the parking lots were repaved two years ago. ACTUAL RENTS: $1,095/$950/$750/$750/$895/$650. Estimated (full) market rents: $1,095/$1095/$895/$895/$895/$895/$895/$895 for a total Annual Gross Income of $90,720. This property is conveniently located close to schools and public transportation; near South Edgewood Drive and Harden Blvd. TENANT OCCUPIED. PLEASE DO NOT DISTURB TENANTS. Buyer to verify ALL information.

Location

Details

Type:
Residential Income
Parking:
Assigned
Year Built:
1976
Lot:
0.70 Acres
Heating:
Central
Price/sqft:
$96
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$4,866
2018
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    • Laminate

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

    • Range

    • Refrigerator

    Other interior features

    • Living Room/Dining Room Combo

  • Parking

    • Assigned

    Property

    • Levels: Two

    • Exterior Features: Fenced / Sliding Doors

    Lot

    • Lot: 0.70 Acres

    Other Property Information

    • Parcel Number: 232825136610000130

    • Zoning: RB-1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

  • Other financial information

    • Annual tax amount: $4,866

  • Source details

    • MLS ID: L4910874

    Other facts

    • Construction Materials: Block / Vinyl Siding / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: City Lot

    • Patio And Porch Features: Front Porch / Patio

    • Living Area: 8562

    • Water Source: Public

    • Lot Size Dimensions: 195 x 119

    • Subdivision Name: CASTLE SUB

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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: LAKELAND HOMES AND REALTY, LLC