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$199,000 • living size area 3508 sqft
Fantastic opportunity to own a great income-producing property in lakeland's historic district. this 5 unit building brings in approximately $31,740 in gross annual income. this building is within walking distance to the public library and museum, florida southern college, lake morton and lake mirror, munn park/downtown lakeland and more. i-4 is also within a short drive. all units are currently rented and consist of a 2 bed 1 bath, two(2) 2 bed 1 bath, one(1) 1 bed 1 bath and 1 studio. tenants pay for all utilities except for water which is appx. $60/month for the entire building. units have gas stoves and window units. very low turnover and low maintenance. a coin laundry was just installed march 2015 for tenant's convenience. the roof was replaced in the last 9 - 10 years. there may be other potential uses. please do not approach/disturb tenants. please call today for more details on this awesome opportunity before it is gone.Multi Family - MORTONS ADD
726 E LIME, LAKELAND, FL 33801
Date Sold 04-22-2016
Sold Price$187,000 Asking Price$199,000
Share by:
- Living 3508sqft
- Lot size 7000sqft
- Taxes: Register to see
- Year Built 1935
-
Days on market:
27 day(s) Original Price:
$199,000-
Price per sqft:
$56.73 Tax Legal Description:
MORTONS ADD DB Q PG 79 BLK W LOT 25 W 50 FT OF S 140 FTTax Year:
2015-
MLS:
L4711209 -
Property Type:
Multi Family -
Parking:
None Open
Lease Term Remaining:
24 MonthsConstruction Type:
Wood FrameRoof:
ShingleCooling Description:
Wall/Window Unit(s)Heating Description:
Space HeaterElectricWall Units / Window UnitNatural GasExterior Features:
BalconyEquipment/Appliances:
RefrigeratorGas Water Heater RangeSpecial Listing Conditions:
NoneLot Features:
SidewalkCity Lot Historic District Near Public Transit
Description
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