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$394,000 • living size area 3550 sqft
Solid rental hot spot in dixieland! excellent investment opportunity for a 6 unit, fully occupied apartment complex in established and desirable central lakeland dixieland area. walking distance to shopping, restaurants and bars, florida southern college, and within a few minutes drive of downtown lakeland, the polk parkway and interstate 4. 3 studio apartments and 3 1/1 apartments, with block construction and tiled floors. tenured tenants with leases. current gross is $40,860+, expenses $9046 with an 8% cap rate. opportunity exists to continue to raise rents to be inline with going rates. no time like the present to start or enhance your portfolio!Multi Family -
302 CRESAP, LAKELAND, FL 33815
Date Sold 02-09-2018
Sold Price$345,000 Asking Price$394,000
Share by:
- Living 3550sqft
- Lot size 11718sqft
- Taxes: Register to see
- Year Built 1960
-
Days on market:
48 day(s) Original Price:
$394,000-
Price per sqft:
$110.99 Tax Legal Description:
KIBLERS SECOND ADD PB 9 PG 46 BLK A LOT 1Tax Year:
2016-
MLS:
L4723733 -
Property Type:
Multi Family -
Parking:
Common
Lease Term Remaining:
24 MonthsConstruction Type:
ConcreteRoof:
ShingleCooling Description:
Wall/Window Unit(s)Special Listing Conditions:
NoneLot Features:
City Lot
Description
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