CASH COW HERE! This incredible FULLY OCCUPIED INCOME PRODUCING PROPERTY is a must-see! With a fantastic 9.98% CAP RATE and 14.15% CASH ON CASH RETURN, this asset offers a reliable source of PASSIVE INCOME for savvy investors. OFFERING MEMORANDUM AVAILABLE VIA EMAIL. FINANCING PACKAGE AVAILABLE for the new buyer. The property consists of a wonderful 3-bedroom SINGLE FAMILY HOME and an attached 3-unit TRIPLEX, providing an excellent potential for substantial revenue. The entire property has undergone a COMPLETE RENOVATION and boasts NEW KITCHENS AND BATHROOMS, a NEW ROOF and NEW SEPTIC TANK, providing ultimate peace of mind for the owner. The ample parking space available on the property is another great feature, making it easy for tenants and guests to have a convenient parking experience. If you're in search of a TURN-KEY investment opportunity, look no further than this exceptional property. Schedule a viewing today and take the first step towards making a wise investment choice!
MLS# | U8250359 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Active |
Year | 1962 |
Days On Site | 79 |
Listing Provided By | LPT REALTY, LLC | Sean Wetherington |
SQ Feet | 2,282 |
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Story(s) | 1 |
Units | 2 |
Zoning | RE-1 |
Acreage | 0.30 |
State | FL |
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County | Polk |
City | LAKELAND |
Zip Code | 33801 |
Area | 33801 Lakeland |
Community Name | ACREAGE |
School District | Tenoroc Senior |
Elementary School | Philip O’Brien Elementary |
Middle School | Crystal Lake Middle/Jun |
High School | Tenoroc Senior |
Listing VS Median (in ACREAGE) | |
Price: $595,000 low | high Med: $599,000 SqFt: 2,282 low | high Med: 5,558 $ / SqFt: $261 low | high Med: $108 On Site: 79 low | high Med: 20.000000 |