Listing by: Kevin Eaton, CORE GROUP REAL ESTATE LLC, 407-930-4855
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0 Beds
n/a Full bath
12,200 SqFt
Sold
13 Unit Triplex & Duplex Portfolio Investment!! First time ever offered to the market. Lakeland is a growing market with an influx in population with housing being more in demand than ever. Local demand for housing is being spurred on by expanding distribution and shipping industry surrounding Lakeland. The property consists of three tax parcels which are improved with three triplexes and two duplexes to total thirteen residential units. The five multi unit buildings are constructed on 2.93 gross acres that is accessible from the main frontage road and a dead-end cul-de-sac on the rear of the property. The configuration of the existing buildings offers value-add opportunity with the ability to construct additional buildings on vacant or underutilized portions of the property to generate more rental revenue and further increase the return on the initial investment.
Property Details | ||
|---|---|---|
| Price | $1,699,000 | |
| Close Price | $1,350,000 | |
| Lot Size | 276x200 | |
| Lot Size Area Units | Square Feet | |
| Acres | 2.93 | |
| Property Type | Commercial | |
| MLS Sub type | Multi-Family | |
| Year Built | 1983 | |
| Heating | Central | |
| Foundation | Slab | |
Geographic Data | ||
| Directions | Exit Interstate 4, head north on Kathleen Road, turn left on to Deeson Road then right onto Lewelynn Road | |
| County | Polk | |
| Latitude | 28.11259 | |
| Longitude | -82.023622 | |
| Market Area | 33810 - Lakeland | |
Address Information | ||
| Address | 5430 LEWELLYN ROAD, LAKELAND, FL 33810 | |
| Postal Code | 33810 | |
| City | LAKELAND | |
| State | FL | |
| Country | United States | |
Listing Information | ||
| Listing Office | CORE GROUP REAL ESTATE LLC | |
| Listing Office Phone | 407-930-4855 | |
| Listing Agent | Kevin Eaton | |
| Listing Agent Phone | 407-930-4855 | |
| Special listing conditions | None | |
| Ownership | Sole Proprietor | |
| Terms | Cash, Conventional, Private Financing Available | |
| Virtual Tour URL | https://www.propertypanorama.com/instaview/stellar/O6059953 | |
MLS® Information | ||
| Days on market | 12 | |
| MLS® Status | Sold | |
| Listing Date | Sep 15, 2022 | |
| Listing Last Modified | Nov 23, 2022 | |
| Tax ID | 23-27-29-000000-011410 | |
| Tax Year | 2021 | |
| Tax Annual Amount | 10800 | |
| MLS® Area | 33810 - Lakeland | |
| MLS® # | O6059953 | |
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This information is believed to be accurate, but without any warranty.