123 Glenwood Drive, Lakeland, Florida 33805

  • $449,000

Overview

Property ID: HZP4926882
  • Quadruplex, Residential Income
  • Property Type

Description

Excellent income producing property with 2 parcels being sold together as a package. Two addresses and parcel ID’s- two mobile homes and two single family homes. The two single family homes are wood frame- 842 sq ft and 570 sq ft. The two mobile homes are 516 sq ft and 672 sq ft. All are fully rented month to month and have city water and septic. Current rents are well below market rates. Projected pro forma rents are $6450 per month and the pro forma cap rate equates to 17%. Great location near I-4, shopping and restaurants.

  • Address: 123 GLENWOOD DRIVE
  • City: Lakeland
  • State/county: FL
  • Zip/Postal Code: 33805
  • Country: US

Details

Updated on February 1, 2024 at 5:17 am
  • Property ID HZP4926882
  • Price $449,000
  • Land Area 0.46 Acres
  • Year Built 1954
  • Property Type Quadruplex, Residential Income
  • Property Status Expired

Additional details

  • Roof Metal, Shingle
  • Utilities Cable Connected, Electricity Connected, Public
  • Sewer Public Sewer, Septic Tank
  • Cooling Wall/Window Unit(s)
  • Heating Wall Units / Window Unit
  • County Polk
  • Property Type Residential Income

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Jamie Stevens

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