Income Property - Home and Duplex on 2/3 Acre in Lakeland, FL


Sold!	Income Property - Home & Duplex on 2/3 Acre - Lakeland
click here for a photo tour Map It! Plat Map Arial View Calculate Payment taxes:(est'd) $3,710 / yr	The Basics: LAKELAND Map: SW23 Price: $272,500 .688 acre House and Duplex View Photos
Address	722 / 724 / 726 W. Alamo Drive SW - Lakeland
Duplex in rear
Property Features	Enjoy a well built & maintained income property you can be proud of! Property consists of a 2/3 acre lot with a large brick home in front and a concrete block duplex in back. The home was originally custom built in 1977 and features a split bedroom design with 3 bedrooms & 2 full baths, a formal living room, dining room, familyroom with fireplace and an eat-in kitchen. All rooms are large and home totals apprx 1,900 sq/ft of heated and cooled living space. All "wet" areas plus hall/ foyer all have ceramic tile floors. The Master bedroom features a walk-in closet, double sinks in the bath and large walk-in shower. There is an oversized two car garage and an inside air-conditioned laundry room with wash sink. Back yard is fully wood fenced and private from the rear duplex. The Duplex features 2 bedrooms and one full bath per side and was built in 1980. A brand new roof was just installed on 4/10/2005. Both sides are ceramic tiled in the kitchen, bath and hallways. Basic standard kitchen appliances are included. Each duplex side also features a carport and a very large storage & laundry room which is very uncommon with duplex type properties in this area. Also uncommon is the private and serene peaceful setting surrounding the duplex units at the back of this property. All three units are currently under lease. Total current income is approx. $2,000 per month which is below market. Bringing the rents up to true market rate should bring in estimated income of 2,400 to 2,500 per month. House Features: Brick construction - 1,900 sq/ft a/c living 3/2 split bedroom plan Large family room with fireplace & built-in book shelves Kitchen has range, refrig, dishwasher, pantry & eat-in counter Ceramic tile in baths, kitchen and entry foyer Air Conditioned laundry with wash sink Oversized side-entry two car garage Large rear BBQ patio slab Wood privacy fenced back yard newer a/c unit & air handler new septic drain field and much more... Duplex Features: New roof as of 4/10/2005 2 bed / 1 full bath per side One car carport on each side Extra large storage & laundry room each side Ceramic tile in kitchens, baths and hallways Carpets approx only three years old Newer A/C units on each side Private and peaceful setting (no neighbors on top of you) This is great multi-unit income property in a good part of town with what many consider the best school districts. A very suitable property should one wish to live in one of the units and rent the others for additional income. Also would make a great "family" compound for all the family In-laws. And, if you are an out of state investor.... CDC Properties has a full scale property management department which can manage all your investment properties for you. View our property management website page here This is truly a unique one-of-a-kind property, don't let it slip away. Call today.
Location:	South - Southwest of Lakeland downtown... Off of South Florida Ave. ( map ) Convenient access to all types of shopping, Hwy 60 (to Tampa), the Polk Parkway Toll Rd and Interstate I-4 (tampa & orlando) 40 minutes to Disney
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offered for sale by: 4110 S. Florida Ave Suite 200 Lakeland, Fl Jeffrey Nolan - Realtor® toll free: 1.800.640.3303

Sorry, this property has been "SOLD!" ( sold for $275,500 in 13 days )
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