Description
Incoming producing property. Tenants looking to stay opportunity to raise rents and cap rate. Centrally located near Downtown Winter Haven. Property is Mixed-use. Retail store and 4 Multifamily Apartments. **** Don't miss this opportunity to add this cash-flowing property to your portfolio. Detached Duplex 3 years old. Convenient store two walk-in coolers. Upstairs 2-2/1 apartments, fully occupied and all tenants are month to month. All tenants been there over 3 yrs. All leases will expire on July 31st. Owner is working renewing leases, New lease terms will be for 12 months with the exception of 1 tenant which he is on a month to month for the duplex in back, and he will be moving out soon.
Property Highlights
- Acres: 0.35
- County: Polk
- Year Built: 1994
- Property Type: Commercial, Multi Family
- MLS #: P4915883
Area |
33880 - Winter Haven/Eloise/JPV/Wahnetta |
Number of Units Total |
5 |
Property Subtype |
Residential Income |
Property Type |
Multi Family |
Subdivision |
Van Fleet Companys Sub |
Taxes |
$3,709 |
Interior Square Footage |
3,648 |
Lot Size Acres |
0.35 |
Lot Size Square Feet |
15,337 |