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Gelfand Realty Miami Properties - Multi Family

1149 OLD S, LAKELAND, FL 33811

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Multi Family - MAGNOLIA TRAILS

1149 OLD S, LAKELAND, FL 33811

Sold Price$139,000 Asking Price$135,000

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  • Days on market:

    2 day(s)
  • Original Price:

    $135,000
  • Price per sqft:

    $130.81
  • Tax Legal Description:

    MAGNOLIA TRAILS PB 71 PG 16 LOT 38 SLY 1/2
  • Tax Year:

    2019
  • Property Type:

    Multi Family
  • Parking:

    Driveway Parking Pad
  • Furnished Info:

    Unfurnished
  • View:

    Trees/Woods
  • Construction Type:

    StuccoBlock
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    LaminateCarpetCeramic Tile
  • Interior Features:

    Walk-In Closet(s) Living Room/Dining Room Combo
  • Exterior Features:

    Sliding DoorsFrench DoorsStorage
  • Equipment/Appliances:

    DishwasherRefrigeratorElectric Water Heater Range Range Hood Exhaust Fan
  • Special Listing Conditions:

    None
  • Lot Features:

    In County

Description

$135,000 • living size area 1032 sqft

Looking for that property for rental income? each side of this duplex has been freshly painted inside and out. both sides of the duplex have new carpeting. each unit is 2 bedrooms/ 2 baths. this property is currently not occupied. owner can expect approximately $800 per month rent for each unit considering rates that are under current market rent rates. with those rental rates this equates to annual gross income of $19,200 with estimated expected annual expenses of $3500 providing the investor a estimated net income of approximately $15,700 at current rent rates. this sale includes 1149 and 1151 old south all information provided herein is intended to be accurate, however buyer and buyer's agent are required to verify all information and measurements contained herein. call today for an appointment to view this great deal!

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