BEDS0
BATHS
SQUARE FEET7,584
MLS#TB8460905
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCRIGLER L N
Property Description
PRICE REDUCED! SELLER MOTIVATED! Income producing multi family property! 12 units total over 6 duplexes generating upwards of 120k annually gross income with potential for over 140k annually. All units have had the interiors updated in the past few years aside from one. Tenants pay all utilities! There are very little fixed expenses. All units have their own HVAC and Washer and Dryer hookups. Many improvements made to the property over the last few years both interior and exterior. Units lease really quickly when vacant. Property is in great location in the heart of Mulberry and just south of Lakeland. Just off route 60 making it easy access to anywhere you need to get to. This property is ready to cash flow for years to come. Sale includes an additional vacant parcel right behind existing structures that can be built on adding additional income.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.79 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $15,236
Year Built: 1950
Amenities
Other
Other
Feature Descriptions
Annual Net Income: 121331.00
Days on Site: 56
Directions: Take route 60 East from Bailey Road, R on SW 3rd Avenue, R on SW 3rd Terrace
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Private Financing Available
Lot Dimensions: 0.79
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Do Not Contact Tenants, Lockbox, See Remarks
Special Sale Provisions: None
Units: 12
Utilities: Electricity Available, Public
Water: Public
Water Access Y/N: No
Zoning: R-1
Listed By / Shown By
Listed By
Agency Name: DIVINE REALTY AND ASSOCIATES LLC
Agency Contact: 718-954-2278
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813.908.8500
Estimate Your Payment
Estimated Payment
$ 5,297.24 per month $3,560.91 Principal & Interest $1,269.67 Property Tax $466.67 Homeowner's Insurance
301 SW 3rd Terrace | MLS# TB8460905
This multi-family property located at 301 SW 3rd Terrace, Mulberry, FL 33860 is currently listed for sale with an asking price of $1,599,999. Search Mulberry real estate on www.floridaexecutiverealty.com today.