Lakeland, FL 33803,515 DUCHESS CT
Lakeland, FL 33803,515 DUCHESS CT
Lakeland, FL 33803,515 DUCHESS CT
Lakeland, FL 33803,515 DUCHESS CT
Lakeland, FL 33803,515 DUCHESS CT
Lakeland, FL 33803,515 DUCHESS CT
See all 20 photos

$690,000

$709,999

2.8%
Est.Price: ?

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Est. payment /mo

3,304 SqFt


SOLD DATE : 04/11/2023

Key Details

Sold Price $690,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,304 sqft

Price per Sqft $208

Subdivision Imperial Southgate Un 02

MLS Listing ID U8183895

Sold Date 04/11/23

HOA Y/N No

Originating Board Stellar MLS

Year Built 1972

Annual Tax Amount $2,595

Lot Size 8,276 Sqft

Acres 0.19

Property Description

Calling all investors! Welcome to 515 Duchess Ct, a fully renovated, block quadplex located in the heart of Lakeland. Whether you are an experienced investor looking to add another income producing asset to your portfolio or a buyer looking for a multi-family property to occupy and rent out the remaining units, this is the ideal investment. With easy access to the Airport, Hospital, and Florida Southern College, owners will find peace of mind knowing demand will remain strong for years to come. Units are broken down as (2) 2bd/1.5bth and (2) 2bd/1bth units. All units share a coin operated laundry room for additional income as well as an oversized parking pad. Each unit has an individual electric meter and water is paid for by the owner. Current leases include an additional fee to the lease amount to offset the cost of the tenants water usage and lawn care. All 4 units have been fully renovated with over $150,000 in recent updates including a new roof. The owner has spared no expense to ensure quality materials and finishes were used throughout, allowing units to rent at a premium, even in a competitive rental market. With few multi-family properties available in this area, this one is sure to go fast. Don't miss your opportunity to purchase this rarely available, block quadplex in a saught after location for tenants and investors alike. Please use latest FARBAR AS-IS contract. Measurements are estimates. Claims made in this listing are deemed correct by seller, but buyer understands it is their responsibility to confirm all info. Owner is also selling the neighboring quadplex, 511 Duchess Ct. MLS: U8183920.

Location

State FL

County Polk

Community Imperial Southgate Un 02

Interior

Interior Features Ceiling Fans(s), Stone Counters

Heating Central

Cooling Central Air

Fireplace false

Exterior

Exterior Feature Sidewalk

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by THE SHOP REAL ESTATE CO.
Bought with XCELLENCE REALTY, INC
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