$180,000
$160,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,860 SqFt
SOLD DATE : 07/28/2023
Key Details
Sold Price $180,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,860 sqft
Price per Sqft $96
Subdivision Wahneta Farms Resub
MLS Listing ID P4926311
Sold Date 07/28/23
Bedrooms 5
HOA Y/N No
Originating Board Stellar MLS
Year Built 1970
Annual Tax Amount $2,015
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions 207x117
Property Description
Under contract-accepting backup offers. We are excited to present an exceptional investment opportunity—a unique property for sale with a diverse range of income potential. Situated on a spacious .56-acre land parcel, this property offers a duplex, a mobile home, and two vacant lots, providing a variety of options for both immediate income and future development.
The duplex, consisting of two separate units, is perfect for generating rental income. Each unit features one bedroom and one bathroom, making it an ideal choice for individuals or couples looking for a cozy living space. With separate entrances and utilities, the duplex allows for comfortable living arrangements for tenants.
Adjacent to the duplex, you'll find a well-maintained mobile home that boasts three bedrooms and one bathroom. This larger residence provides ample space for a family or a group of individuals seeking a comfortable and affordable housing option. The mobile home can also serve as an additional rental unit, expanding the income potential of the property.
Beyond the existing structures, this property offers two vacant lots, presenting excellent opportunities for further development or expansion. These lots can be utilized to construct additional residential units, such as single-family homes, duplexes, 4 plexes or townhouses, further enhancing the income-generating potential of the property.
The .56-acre land offers ample space for outdoor activities, gardening, or future improvements. It provides a pleasant environment for residents and tenants to enjoy, making it an attractive feature for potential occupants.
Located in a desirable area, this property benefits from convenient access to amenities such as schools, shopping centers, parks, and transportation options. Its strategic position ensures a steady demand for housing, making it an attractive investment opportunity.
Overall, this investment property offers a unique combination of a duplex, a mobile home, and vacant lots on a .56-acre parcel of land. With the duplex units generating immediate rental income and the mobile home providing additional potential, along with the future development prospects of the vacant lots, this property presents an enticing investment opportunity for those seeking income generation and long-term growth.
Location
State FL
County Polk
Community Wahneta Farms Resub
Zoning R-3
Rooms
Other Rooms Inside Utility
Interior
Interior Features Master Bedroom Main Floor, Thermostat, Window Treatments
Heating Central
Cooling Wall/Window Unit(s)
Flooring Carpet, Linoleum
Fireplace false
Exterior
Exterior Feature Other
Utilities Available BB/HS Internet Available, Electricity Connected, Public, Sewer Available, Water - Multiple Meters
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with KELLER WILLIAMS REALTY SMART 1
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