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Gelfand Realty Miami Properties - Multi Family

834 MARTIN LUTHER KING JR AVE 3 #1,2,3,4, LAKELAND, FL 33805

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Multi Family - COOPERS J H RESUB

834 MARTIN LUTHER KING JR AVE 3 #1,2,3,4, LAKELAND, FL 33805

Sold Price$232,000 Asking Price$249,999

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  • Days on market:

    16 day(s)
  • Original Price:

    $249,999
  • Price per sqft:

    $104.17
  • Tax Legal Description:

    COOPERS J H RESUB PB 3 PG 52 BLK 7 N 90 FT OF LOTS 14 15 & 16 LESS N 39.00 FT OF LOT 16 & LESS N 39.0 FT OF E 25.00 FT OF LOT 15
  • Tax Year:

    2018
  • Property Type:

    Multi Family
  • Parking:

    Common OpenOff Street
  • Furnished Info:

    Unfurnished
  • View:

    City
  • Lease Term Remaining:

    12 Months
  • Construction Type:

    Block
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Exterior Features:

    Other
  • Special Listing Conditions:

    None

Description

$249,999 • living size area 2400 sqft

Looking for a great income generating property??? over 10% cap rate quad - 2 buildings - 2 units per building. parking for 6+ cars off street. currently 3 units are rented and 4th unit has tenant moving in 1/3/20. gross income will be $2600/month or $31,200. all tenants on annual leases with security deposits. roof replaced approx 5 yrs ago, a/c's are newer, tenants pay their own utilities! low maintenance expenses and you can just sit back and collect monthly income! you do not want to miss this!

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