6 unit apartment complex 100% occupied!! (All apartments are studios) 1031 TAX EXCHANGE friendly!!! Please bring all offers, seller likes to negotiate! (Three duplexes on a corner lot property). all apartments have separate electric meters. Every Duplex has their own septic tank. Septic Tanks were installed in 2021. Total monthly Income is $5,900 X 12 months = Gross income is $70,800 per year with a net income of $57,297. CASH COW ALERT!! Located in the heart of highland city Lakeland florida close to Publix, Lowe’s, Home Depot, Walmart and other major stores. Property water service is on public water. Call today to schedule a walk Thru today!
Property Details
Property Features Property Features
MLS ID: MFRTB8390061 Year Built: 1950
Construction Materials: Block, Vinyl Siding, Frame Cooling: Wall/Window Unit(s)
Country: US County Or Parish: Polk
Exterior Features: Other Foundation Details: Crawlspace, Slab
Heating: Ductless Laundry Features: None
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, Other
Occupant Type: Vacant Property Sub Type: Multi Family
Property Type: Residential Income Road Surface Type: Asphalt
Roof: Metal, Shingle Sewer: Septic Tank
Showing Requirements: 24 Hour Notice, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Available Water Source: Public
We love to hear from you