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Description
**INVESTOR OPPORTUNITY** This building consists of four apartments and one single-family residence, with each unit consisting of 900-1500 sq. ft. of living space, depending on the unit. The property features newer AC units, newer plumbing and electric, renovated bathrooms, new laminate flooring throughout, fresh interior paint, and more. The building's exterior needs a little TLC. The property is conveniently located near Bonny Lake, Downtown Lakeland, Southeastern University, Grove Shopping Plaza, and the Polk Parkway for a quick commute to Orlando or Tampa, plus more. This is an amazing opportunity for an investor looking to have five income-producing properties in historic Dixieland-Lakeland.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.31 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,532
Year Built: 1922
General Information
Bedrooms: 13
Sqft: 4,200
County: Polk
High School: Lakeland Senior High
Subdivision: DIXIELAND REV
Listed By:
Jennifer Clark
INSTA REAL ESTATE SOLUTIONS
813-586-0654
MLS ID: TB8557965
Amenities
Ninguno
Other
Property Features
Annual Net Income: 72000.00
Directions: Take Exit 31 from I-4 East toward FL-539 S / Kathleen Rd / Lakeland. Keep right at the fork to merge onto FL-539 S / Kathleen Rd. Continue straight on Kathleen Rd for approximately 5.5 miles. Note: As you approach downtown Lakeland, the road name shifts
Exterior: Frame
Flood Zone Code: X
Flooring: Linoleum, Vinyl
Foundation: Pillar/Post/Pier
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot: City Limits, Near Public Transit, Paved, Unpaved
Lot Dimensions: 0.31
Other Structures: Shed(s)
Ownership: Fee Simple
Parking: Off Street, Open
Parking Notes: Off Street, Open
Patio/Porch: None
Property Attached Y/N: Yes
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Lockbox
Special Sale Provisions: None
Units: 5
Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Windows: Wood Frames
Zoning: RB-1
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312 Ariana Street , Unit 308-316, Lakeland, FL 33802.
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Estimated Payment
$ 3,309.27 per month $2,698.27 Principal & Interest $377.67 Property Tax $233.33 Homeowner's Insurance