Active

$1,700,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 7584 sq ft
Overview
  • ID: MFRTB8460905
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 7584 sq ft
Property Details
Remarks
Income producing multi family property! 12 units total over 6 duplexes generating upwards of 120k annually gross income with potential for over 140k annually. All units have had the interiors updated in the past few years aside from one. Tenants pay all utilities! There are very little fixed expenses. All units have their own HVAC and Washer and Dryer hookups. Many improvements made to the property over the last few years both interior and exterior. Units lease really quickly when vacant. Property is in great location in the heart of Mulberry and just south of Lakeland. Just off route 60 making it easy access to anywhere you need to get to. This property is ready to cash flow for years to come. Sale includes an additional vacant parcel right behind existing structures that can be built on adding additional income.
Financial Considerations
Price:
$1,700,000
HOA Fee:
N/A
Tax Amount:
$15236.35
Price per SqFt:
$224.16
Tax Legal Description:
CRIGLER L N ADD PB 1 PG 43 BLK C LOTS 5 6 LESS N 75 FT & S 25 FT OF W 30 FT OF 7 & 8 N 88 FT OF W 30 FT & LOT 9 W 138.5 FT
Exterior Features
Lot Size:
34595
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
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:
1950
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    301 SW 3RD TER
Contact a Professional
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