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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,843 sqft
Price per Sqft $221
Subdivision Mortons Add
MLS Listing ID O6028011
Sold Date 07/05/22
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1910
Annual Tax Amount $2,719
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 50x200
Property Description
One or more photos in this listing have been virtually staged. Beautifully renovated quadplex located in the heart of the Lakeland Historic District. This property was masterfully transformed from head to toe, including new roof, exterior siding, windows, HVAC systems, plumbing, electrical system, hot water heaters, appliances and more. Work was completed by a licensed general contractor and all necessary permits were approved by the City of Lakeland. The interiors include luxury vinyl plank flooring, quartz countertops, stainless steel appliances, subway shower tiles and modern hardware and fixtures. The unit mix consists of three 2/2s and one 3/2 with current monthly rents totaling $6650. In addition, there is a fifth air conditioned unit which could be leased to tenants for storage purposes. Each unit is individually metered for electric, water, sewer and trash. Tenants are responsible for payment all utilities. MLS attachments include current rent roll, pro forma and Seller's disclosure. This is a unique opportunity to purchase a brand new cash flowing hard asset in an A Location! Listing agent maintains an ownership interest in the subject property.
Location
State FL
County Polk
Community Mortons Add
Zoning MF-22
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Sidewalk
Utilities Available Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with CHARLES RUTENBERG REALTY ORLANDO