875 S LAKE SHORE WAY, LAKE ALFRED, FL, 33850
$389,900
Residential Income
|
Bedrooms
6
|
Bathrooms
3
|
Living Area
1,609 Sqft
|
Lot Size
14,558 Sqft
|
Investor Description (Short & Straight to the Point)
Income-producing property with endless upside! This unique investment features 3 grandfathered rental units generating approximately $5,700/month in rental income. Situated on one of Polk County's highest-traffic corridors, the property offers exceptional visibility, commercial-area potential, and possible billboard income (buyer to verify approvals). Buy below the cost of comparable commercial opportunities and capitalize on multiple future value-add possibilities.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRS5154520 | Year Built: | 1945 | |
| Basement: | Crawl Space, Partial | Construction Materials: | Stucco | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Polk | Exterior Features: | Garden, Private Mailbox, Private Yard, Storage | |
| Foundation Details: | Basement, Crawlspace | Heating: | Central | |
| Laundry Features: | Laundry Room | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Occupant Type: | Tenant | |
| Other Equipment: | Private Yard | Property Sub Type: | Triplex | |
| Property Type: | Residential Income | Road Surface Type: | Asphalt | |
| Roof: | Shingle | Sewer: | Septic Tank | |
| Showing Requirements: | 24 Hour Notice, Appointment Only, Do Not Contact Tenants, No Lockbox, See Remarks | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Cable Available, Electricity Available | Water Source: | Public | |
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