$320,000
$335,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
1,838 SqFt
SOLD DATE : 09/27/2021
Key Details
Sold Price $320,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,838 sqft
Price per Sqft $174
Subdivision Acreage
MLS Listing ID L4923534
Sold Date 09/27/21
Construction Status No Contingency
HOA Y/N No
Year Built 1981
Annual Tax Amount $913
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100x150
Property Description
Location is key with this one of a kind cash flowing property. Located in the heart of Lakeland, this 2 unit home is within minutes of Lake Parker, Publix field and Lakeland Regional Hospital. This furnished home is an ideal cash cow with class A tenants lining up to lease. The front unit consists of 2 extra large bedrooms and 1.5 baths. This unit is currently rented to professional baseball players in season for the Detroit Tigers minor league team and has a long history with players as tenants. The back unit is a 1 bed 1 bath with plenty of room and storage and is consistently rented to traveling nurses. Both have private entrances along with a shared screened patio. There are two large sheds on property that can be used for tenant storage as an additional revenue stream. The oversized lot can also accommodate an additional garage or boat parking. House was recently replumbed, roof was replaced in 2018, AC in 2015 and both units have been meticulously maintained due to the quality of tenants the home attracts. This is truly a low maintenance cash-flowing property ideal for short term rentals, AirBnB or putting in a long term tenant looking to stay close to some of Lakeland's best amenities. The home can also be delivered vacant and would make an ideal multi-generational home or house hack; live in one side and have the other pay your mortgage!
Location
State FL
County Polk
Community Acreage
Zoning RA-3
Interior
Interior Features Ceiling Fans(s), Window Treatments
Heating Central
Cooling Central Air
Furnishings Negotiable
Fireplace false
Exterior
Exterior Feature Awning(s), Storage
Garage Driveway, Parking Pad
Utilities Available Electricity Connected, Public, Water Connected
Waterfront false
Roof Type Shingle
Parking Type Driveway, Parking Pad
Attached Garage false
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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