$1,860,000
$1,995,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
24 Beds
16 Baths
2,508 SqFt
SOLD DATE : 07/07/2023
Key Details
Sold Price $1,860,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,508 sqft
Price per Sqft $741
Subdivision Na
MLS Listing ID A4555762
Sold Date 07/07/23
Bedrooms 24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1991
Annual Tax Amount $3,453
Lot Size 1.340 Acres
Acres 1.34
Lot Dimensions 40x183
Property Description
CASH COW IN LAKELAND !!! PERFECT 1031 EXCHANGE PROPERTY !!!!Nestled between the majestic oaks, well known to the Florida landscape sit four, separately deeded duplexes making up one large cash generating compound.These 4 buildings containing 8 large units are being sold as a package, with each maintaining 3 bedrooms, 2 baths and an individual attached 1 car garage with washer and dryer hookups, central A/C and Heat. separately metered with no common water. The downstairs of each unit are tastefully updated, units have an open kitchen, and modern lighting fixtures. Master bedroom and bath are located on the first floor, while the two guest bedrooms with neutral carpeting and guest bath with shower and tub are on the 2nd floor. Close by, your tenants will find plenty to do at Lake Gibson. There is room to build more buildings. Does not get any better than this when it comes to an income property opportunity.
Location
State FL
County Polk
Community Na
Interior
Interior Features Master Bedroom Main Floor, Open Floorplan, Split Bedroom
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Lighting
Garage Spaces 8.0
Utilities Available Cable Available
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Entry Level Two
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Public
Structure Type Block, Concrete
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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