$1,700,000

$224/sq ft

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Overview

Year Built

1950

Sqft

7584

Property Type

Duplex

Property Description

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.

Property Details

MLS#

TB8460905

Address

301 3RD SW

City

MULBERRY

State/county

FL

Zip/Postal Code

33860

Area

Crigler L N Add

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$15,236

Maint Fee

$--

Tax Year

2025

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Boris Gelfand