Listing by: Kevin Eaton, CORE GROUP REAL ESTATE LLC

0 Beds

n/a Full bath

12,200 SqFt

Active

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
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 1
MLS® Status Active
Listing Date Sep 15, 2022
Listing Last Modified Sep 16, 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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