Active

$499,000

Features:
  • 8 Bedrooms
  • 4 Bathrooms
  • 3400 sq ft
Overview
  • ID: MFRL4963478
  • Bedrooms: 8
  • Bathrooms: 4
  • Size: 3400 sq ft
Property Details
Remarks
Don't miss this exceptional investment opportunity featuring two duplexes on one lot, offering four income-producing units with immediate cash flow. Located at 2929 Nine Iron Drive and 2934 Eight Iron Drive, all four units are currently occupied with 12-month leases in place, providing stable rental income from day one. Each duplex features 2 bedrooms, and 1 full bathroom and a washer/dryer hookups for added convenience. Both roofs were replaced in 2019. This property is centrally located in Lakeland, offering convenient access to shopping, dining, major roadways, schools, and everyday amenities, making it an attractive location for tenants and helping support long-term rental demand. Whether you're looking to expand your investment portfolio or secure a multifamily asset, opportunities like this are hard to find. With four occupied units, strong income potential, and a central location, this is an investment you won't want to miss.
Financial Considerations
Price:
$499,000
HOA Fee:
N/A
Tax Amount:
$5441.87
Price per SqFt:
$146.76
Tax Legal Description:
BEG SW COR OF SE1/4 OF SW1/4 RUN N 383.75 FT E 324.9 FT N 10 DEG 44 MIN E 253.17 FT N 17 DEG 21 MIN 20 SEC E 197.91 FT TO POB CONT N 17 DEG 21 MIN 20 SEC E 48.18 FT N 71DEG 50 MIN 30 SEC E 80.13 FT S 18 DEG 09 MIN 30 SEC E 180 FT S 71 DEG 50 MIN 30 S EC W 57.69 FT N 37 DEG 51 MIN 55 SEC W 149.54 FT TO POB BEING LOT 39 OF UNRE GOLFVIEW MANOR
Exterior Features
Lot Size:
15355
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1983
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting
Additional Features 2:
N/A
Map
  • Address
    2929 NINE IRON DR
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