$300,000
$350,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
1,260 SqFt
SOLD DATE : 09/16/2021
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $238
Subdivision Fasano Bros Sub
MLS Listing ID L4922682
Sold Date 09/16/21
Construction Status Inspections
HOA Y/N No
Year Built 1926
Annual Tax Amount $3,171
Lot Size 0.980 Acres
Acres 0.98
Property Description
This multi-family property is located at 6025 New Tampa Highway (a/k/a US Hwy 92), in Lakeland, Polk County, Florida. There is 125' of frontage on New Tampa Hwy and the parcel is 272' deep. This location is approximately ½ mile east of the Polk Parkway. The property currently has 10 rental units which include 1 house, 9 mobile homes and a storage/garage building on .98 acre. There are currently 4 units rented and the 6 vacant mobile homes need various repairs to make them rentable. Current annual NOI is $15,600 - projected is $48,298 once repaired and rented.
Location
State FL
County Polk
Community Fasano Bros Sub
Zoning XX
Interior
Cooling Wall/Window Unit(s)
Appliance Refrigerator
Exterior
Parking Features 6 to 12 Spaces
Utilities Available BB/HS Internet Capable, Electricity Available, Private, Public
Roof Type Metal,Other,Shingle
Building
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water None
Structure Type Metal Frame,Metal Siding,Wood Frame
New Construction false
Construction Status Inspections
Others
Ownership Corporation
Special Listing Condition None
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