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Posted: Friday, March 16, 2018 10:39 AM


Property Description:

Awesome investment. Nice CBS triplex with separate electric and water meters. Property is on city water/sewer. New roof was installed a month ago. Tons of repairs done. Rents can be increased. Located in one of the fastest growing counties in the state.

Property Info:

Property type: Multi Family
Total units: 3
Total bedrooms: 5
Total bathrooms: 3
Building size: 2250 sqft.
Lot size: 0.5 acres
Year built: 1975
County: Polk County Subdivision MILLER J T
Construction: CBS
Roof: Shingle
Water source: City
Water disposal: Sewer
Heating: Window Unit
Cooling: Window Unit

Property Financials:

Asking price: $145,000
Estimated rehab: $0
Total investment: $145,000
Type: Actual
Gross return: 13.45%
Net return: 10.48%
Gross income: (annually) $19,500
Operating expenses: (annually) $4,305
Net income: (annually) $15,195
Gross income: (monthly) $1,625
Operating expenses: (monthly) $359
Net income: (monthly) $1,266

Real Pro
(954) 317-0019

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Bedrooms: 5

• Location: 1113 Martin St, Lake Hamilton, FL 33851, Lakeland

• Post ID: 47052262 lakeland is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2018