834 Martin Luther King Jr Avenue 3 Alley #1,2,3,4, Lakeland, FL 33805
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$232,000
Sold on 1/10/20
Beds Baths Sq. Ft. Taxes Built
0.00 2,400 $1,317.37 1977
On the market: 40 days
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Looking for a GREAT income generating property??? OVER 10% CAP RATE Quad - 2 buildings - 2 units per building. Parking for 6+ cars off street. Currently 3 units are rented and 4th unit has tenant moving in 1/3/20. Gross Income will be $2600/month or $31,200. All tenants on annual leases with security deposits. Roof replaced approx 5 yrs ago, A/c's are newer, tenants pay their own utilities! Low maintenance expenses and you can just sit back and collect monthly income! You do not want to miss this!
Listing courtesy of Brandin Pettersen, REALOVATIVE REALTY