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  • MLS#: TB8460905 ( Residential Income )
  • Street Address: 301 3rd Terrace
  • Viewed: 16
  • Price: $1,409,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 74
  • Additional Information
  • Geolocation: 27.8928 / -81.9765
  • County: POLK
  • City: MULBERRY
  • Zipcode: 33860
  • Subdivision: Crigler L N Add
  • Provided by: DIVINE REALTY AND ASSOCIATES LLC
  • Contact: Mendel Friedman
  • 718-954-2278
  • mfrmls
  • DMCA Notice
  • Description
    MAJOR PRICE REDUCTION!! SELLER MOTIVATED! Income producing multi family property! 12 units total over 6 duplexes generating upwards of 120k annually gross income with potential for over 140k annually. All units have had the interiors updated in the past few years aside from one. Tenants pay all utilities! There are very little fixed expenses. All units have their own HVAC and Washer and Dryer hookups. Many improvements made to the property over the last few years both interior and exterior. Units lease really quickly when vacant. Property is in great location in the heart of Mulberry and just south of Lakeland. Just off route 60 making it easy access to anywhere you need to get to. This property is ready to cash flow for years to come. Sale includes an additional vacant parcel right behind existing structures that can be built on adding additional income.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Other
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Interior Features
  1. Other
Legal Description
  1. CRIGLER L N ADD PB 1 PG 43 BLK C LOTS 5 6 LESS N 75 FT & S 25 FT OF W 30 FT OF 7 & 8 N 88 FT OF W 30 FT & LOT 9 W 138.5 FT
Levels
  1. One
Living Area
  1. 7584.00
Area Major
  1. 33860 - Mulberry
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 23-30-11-156000-009051
Possession
  1. Close Of Escrow
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Tenant Pays
  1. Electricity
  2. Trash Collection
  3. Water
Township
  1. 30
Utilities
  1. Electricity Available
  2. Public
Views
  1. 16
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8460905
Water Source
  1. Public
Year Built
  1. 1950
Zoning Code
  1. R-1