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$396,000 • living size area 3304 sqft
Incredible location with serious upside income potential. quadplex containing 2 units that are 2/1.5 and 2 units are 2/1. property is block construction and was re-plumbed in 2012. each unit has a separate electric meter but water is paid by owner. assigned parking in front with shared private green space for tenants. includes a coin operated laundry room creating additional income. each unit is occupied but the tenants are month-to-month or with current lease expiring shortly. with a little work units can rent for so much more. each unit contains a refrigerator, stove, microwave, ceiling fans and dishwasher. cap rate currently exceeds 7%. this is a rare opportunity to purchase multi-family block construction units in a highly desirable location.Multi Family - NOT IN SUBDIVISION
515 DUCHESS, LAKELAND, FL 33803
Date Sold 06-30-2021
Sold Price$395,000 Asking Price$396,000
Share by:
- Living 3304sqft
- Lot size 8276sqft
- Taxes: Register to see
- Year Built 1972
-
Days on market:
1 day(s) Original Price:
$396,000-
Price per sqft:
$119.85 Tax Legal Description:
COMM SW COR OF NW1/4 OF SE1/4 RUN N 124.82 FT E 265.16 FT N 45 DEG E 380.37 FT N 45 DEG W 297.37 FT FOR POB CONT N 45 DEG W 75 FT N 45 DEG E 110 FT S 45 DEG E 75 FT S 45 DEG W 110 FT TO POB BEING LOT 4 OF UNRE IMPERIAL SOUTHGATE UNIT IITax Year:
2020-
MLS:
L4922648 -
Property Type:
Multi Family -
Parking:
Assigned
Elementary School:
Southwest ElemMiddle School:
Southwest Middle SchoolSenior High School:
Kathleen High
Construction Type:
BlockRoof:
Built-UpCooling Description:
Central AirHeating Description:
CentralFloor Description:
CarpetVinylCeramic TileInterior Features:
Living Room/Dining Room ComboExterior Features:
OtherEquipment/Appliances:
DishwasherMicrowaveRefrigeratorDryerWasher RangeSpecial Listing Conditions:
NoneLot Features:
City Lot
Description
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