Property
| Furnished: | YES |
|---|---|
| Ownership: | Fee Simple |
| Type: | Unknown |
| Bedrooms: | 8 BR |
| Bathrooms: | 8 |
| Area: | 4056 sq ft |
| Lot Size: | 0.3 Acres |
Financials
Price:$725,000
Annual Taxes:$8,360
Listing Courtesy of HOMECOIN.COM
Extensively updated four plex in Lakeland offering approximately 4, 056 sqft of living space.
Description
Extensively updated four-plex in Lakeland offering approximately 4,056 sqft of living space. Each of the four spacious units features two bedrooms and two bathrooms, including a primary bedroom with an en suite bath. The roof was replaced in 2023. Since taking ownership in 2023, the owner has invested nearly $100,000 in renovations and improvements, including updated kitchens, bathrooms and interiors in all four units; replacement of approximately half the windows; new front doors in three units; new siding in the front; and new exterior paint throughout. All four water heaters were replaced in 2023. All four units have newer AC systems or updated components: Unit 1835’s AC dates to 2022; Unit 1841’s system was replaced in 2023 ($7000); Unit 1837 received a new evaporator coil in 2024 ($1700); and Unit 1839 received a new evaporator coil in 2024 ($1700) and a new condenser in 2025 ($2500). Unit 1841 and 1835 are identical and both furnished. Unit 1841 is currently leased at $2,000 per month, and unfurnished unit previously leased at $1,500 per month. Units 1837 and 1839 are also identical, with 1837 just had renovation completed. Situated on approximately one-quarter acre with on-site parking, this property offers existing rental income and substantial improvements already completed. Financial documents available upon requests.
Amenities
- Ceiling Fans(S)
- City Limits
- Dishwasher
- Dryer
- Electricity Available
- Electric Water Heater
- Exhaust Fan
- Living Room/Dining Room Combo
- Park
- Public
- Range
- Range Hood
- Refrigerator
- Sewer Connected
- Sidewalk
- Smoke Detectors
- Thermostat
- Washer
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.