Active

$389,900

Features:
  • 6 Bedrooms
  • 3 Bathrooms
  • 1609 sq ft
Overview
  • ID: MFRS5154520
  • Bedrooms: 6
  • Bathrooms: 3
  • Size: 1609 sq ft
Property Details
Remarks
Investor Description (Short & Straight to the Point) Income-producing property with endless upside! This unique investment features 3 grandfathered rental units generating approximately $5,700/month in rental income. Situated on one of Polk County's highest-traffic corridors, the property offers exceptional visibility, commercial-area potential, and possible billboard income (buyer to verify approvals). Buy below the cost of comparable commercial opportunities and capitalize on multiple future value-add possibilities.
Financial Considerations
Price:
$389,900
HOA Fee:
N/A
Tax Amount:
$4043.25
Price per SqFt:
$242.32
Tax Legal Description:
ROCHELLE TERRACE PB 8 PG 44 BLK 2 LOTS 9 & 10 LESS ST RD 600
Exterior Features
Lot Size:
14558
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1945
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Garden, Private Mailbox, Private Yard, Storage
Additional Features 2:
N/A
Map
  • Address
    875 S LAKE SHORE WAY
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