Photo 1 of 1
$840,000
Sold on 7/12/22
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
7,085 |
$5,404.43 |
1971 |
|
On the market:
167 days
|
View full details, photos, school info, and price history
MULTI- FAMILY INVESTOR'S DREAM: MF-12 property with 6 keys on 1.99 acres plus adjacent 0.5 acre MF-12 vacant lot 232 Antilla St (70'x310') is included which is zoned to hold up to 6 more rentals. ALL of which are adjacent to two C-2 religious institution properties. All units are separately metered city electric and water / waste.
330 Antilla - main house is a split plan 4 bedroom, includes very well appointed kitchen with gorgeous fixtures, cabinets & granite countertops, and 3 very well appointed bathrooms! SFH 2,533 sf (heated) with oversized 2 car garage. Also has individual CEILING A/C units to provide on demand zone A/C control (separate from included traditional central A/C set-up). 314 Antilla Sq is a LARGE 2 bedroom / 2 bath, 1,348 sf (heated) SFH with very well appointed Kitchen and bathrooms. Both have inside laundry rooms and No Carpet! Expected market rate for main house is $1700 - $2200 per month and $1250 to $1500 for 314 SFH.
First duplex has units A & B. #A is a 1 bedroom / 1 bath and #B is a 2 bedroom / 2 bath and no carpets in either. Market rent is at $950 and $1100 respectively. Extra storage available at reasonable add on rate.
Second duplex has units C & D. C is a 1/1 and D is a 2/1.5 bed/bath with a large bonus room. Both have zero carpeting and market rents at $950 and $1,175 respectively. Minutes from I-4, US 98, US 92, hospital, Lakeland Mall and Lake Mirror area. Each duplex unit has carport. Additional parking available on property including a nearly 1/2 garage behind main house.
Estate issue has created some deferred maintenance. Details available and POF required prior to scheduling any tour of the properties.
Current zoning would permit potentially up to 30 units if properly laid out. Think about 7.5% CAP rate for income on 24 - 30 units..... Amazing Income Potential!
Listing courtesy of John Basile, FLORIDA REALTY INVESTMENTS