$639,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 4080 sq ft
Overview
  • ID: MFRO6383818
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 4080 sq ft
Property Details
Remarks
Fully occupied quadplex consisting of two duplex buildings offered as one income-producing property in Lakeland’s desirable 33809 corridor. Featuring four 2BR/1BA units with long-term leases in place through 2026, this asset delivers immediate, stable cash flow with verified annual NOI of approximately $46,000. Well maintained with functional interiors, the property presents clear upside potential through cosmetic updates. All units are in the highly desirable 2-bedroom configuration, supporting strong and consistent rental demand. Ideal for investors seeking a solid hold property, 1031 exchange buyers looking for dependable income, or a buyer interested in future owner-occupancy (subject to lease terms) while generating rental income from the remaining units. This property can be bought with no income verification needed. Offered AS-IS. Financials and rent roll available upon request. Please do not disturb tenants.
Financial Considerations
Price:
$639,000
HOA Fee:
N/A
Tax Amount:
$4342.3
Price per SqFt:
$156.62
Tax Legal Description:
GOODYEAR P D SUB PB 6 PG 13 & PB 5 PG 49 LOT 11 S 390 FT LESS BEG SE COR RUN N 150 FT W 85 FT S 150 FT E 85 FT TO POB & LESS RD R/W
Exterior Features
Lot Size:
25901
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
Other
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1966
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Storage
Additional Features 2:
N/A
Map
  • Address
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