Description
Beautifully renovated triplex located in the heart of the Lakeland Historic District, steps from Lake Morton. This turnkey property currently operates at a 6% cap rate (total monthly rent of $3,120), with the ability to increase rents by at least 10% on two of three units as one tenant is month to month and other up for renewal at end of July. All units include new A/C units, stainless steel appliances. kitchen cabinets, luxury vinyl blank flooring, modern fixtures, washer/dryer in unit and more. Two of the three units include quartz countertops. Tenants are responsible for all utilities. Do not visit property or contact tenants. Agent maintains an interest in the ownership entity.
Property Highlights
- Property Type: Multi Family, Triplex
- MLS #: O6028621
| Area |
33801 - Lakeland |
| Number of Units Total |
3 |
| Property Subtype |
Residential Income |
| Property Type |
Triplex |
| Subdivision |
Wrights H A Add 01 |
| Taxes |
$2,315 |
| Total Baths |
3 |
| Total Beds |
4 |
| Interior Square Footage |
2,100 |
| Lot Size Acres |
0.31 |
| Lot Size Dimension |
100x135 |
| Lot Size Square Feet |
13,499 |
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