$1,325,000

$175/sq ft

$375,000
Price Decreased

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Overview

Year Built

1950

Sqft

7584

Property Type

Duplex

Property Description

Under contract-accepting backup offers. Income producing multifamily property! DE-RISKED INVESTMENT: 12-Unit Portfolio + Expansion Land – Delivered with 6 NEW ROOFS! Stop fighting the Florida insurance market. This high-performing 12-unit complex is being re-introduced to the market with a massive seller incentive: 6 Brand New Roofs to be completed prior to closing. By delivering the asset with new roofs, the seller is removing the #1 hurdle to financing and securing affordable insurance premiums. This 10% + Cap Rate asset features 11 renovated units, individual HVACs, and massive upside. Sale includes an adjacent vacant parcel for future development or added amenities. Buy today, finance easily, and enjoy years of maintenance-free ownership.

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