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Key Details
Sold Price $112,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $51
Subdivision Lake Parker Terrace Sub
MLS Listing ID L4916337
Sold Date 09/18/20
Construction Status Financing
HOA Y/N No
Year Built 1976
Annual Tax Amount $939
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Great/fantastic/awesome opportunity to own a GREAT INCOME Producing Duplex. This CONCRETE BLOCK Duplex offers a 3 BEDROOM 2 BATHROOM unit and a 2 Bedroom 1 bath on the other side. Total under the roof is 2,160 sq. ft. Very conveniently located in central Lakeland Near US Hwy 902 and Lake Parker Avenue. Both units are occupied and rents are below market due to long term tenants. Each unit has its own electric and water. Purchase price below market to compensate for aging roof and plumbing however no leaks. Some minor updates in the 3/2 and this unit could be rented for approximately $1000/mth.
ACTUAL RENTS: $450/$600. Estimated (full) market rents: $900/$1000. PLEASE DO NOT DISTURB TENANTS. Buyer to verify ALL information.
Location
State FL
County Polk
Community Lake Parker Terrace Sub
Zoning RB-1
Interior
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Storage
Utilities Available Cable Available, Electricity Available
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Financing
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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