$490,000
Description
Under contract-accepting backup offers. Discover an exceptional investment opportunity located in the sought-after Cimarron South Subdivision of South Lakeland. Unit 5009 provides three bedrooms and two bathrooms, while Unit 5011 offers two bedrooms and two bathrooms. Both units boast recent upgrades, making them a turnkey investment for savvy buyers. The recent renovations will impress prospective tenants and ensure a profitable return on investment. In 2021, a new roof was installed, providing long-lasting protection and mitigating any potential future expenses. The introduction of tile flooring throughout both units adds an elegant and low-maintenance touch. The new HVAC systems installed in 2021 will not only provide comfort to tenants but also contribute to energy efficiency. Furthermore, both units have been freshly painted inside and out in 2021, creating a refreshing atmosphere that prospective tenants will appreciate. Additionally, new blinds have been installed to enhance privacy and aesthetics. Unit 5009 benefits from another significant upgrade: new double-paned windows installed throughout by the reputable company Window World. This feature adds value and insulation, ultimately reducing energy costs for both tenants and the landlord. Both units are currently tenant-occupied, providing an immediate income to the new owner and eliminating the need for advertising and tenant screening. The stability of current leases ensures consistent cash flow without the typical initial challenges of finding reliable renters. Located in a close proximity to various shopping centers, eateries, and other amenities. Tenant occupancy provides immediate income, while the convenient location adds to the property's appeal. Don't miss out on the chance to add this exceptional investment property to your portfolio in the vibrant South Lakeland area.
Listed by John Hubbert, Jr, .
Property Highlights
- Property Type: Multi Family, Duplex
- MLS #: L4946245
Room Information
| Flooring | Tile |
| Laundry | Inside |
| Total Baths | 4 |
| Total Beds | 5 |
Property Features
| Additional Parcels | Yes |
| Appliances | Dryer, Microwave, Refrigerator |
| Construction Materials | Block, Stucco |
| Cooling | Central Air |
| Exterior Features | Other |
| Heating | Central |
| Interior Features | Other |
| Interior Square Footage | 1,210 |
| Lot Size Acres | 0.11 |
| Lot Size Square Feet | 4,866 |
| Roof | Shingle |
| Sewer | Septic Tank |
| Water Source | Public |
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2024 MLS GRID. All Rights Reserved.
