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1149 OLD SOUTH DR Lakeland, FL 33811
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Key Details
Sold Price $139,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,032 sqft
Price per Sqft $134
Subdivision Magnolia Trails
MLS Listing ID L4914480
Sold Date 03/31/20
Construction Status Inspections
HOA Y/N No
Year Built 1981
Annual Tax Amount $1,024
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Looking for that property for rental income? Each side of this duplex has been freshly painted inside and out. Both sides of the duplex have new carpeting. Each unit is 2 bedrooms/ 2 baths. This property is currently not occupied. Owner can expect approximately $800 per month rent for each unit considering rates that are under current market rent rates. With those rental rates this equates to Annual Gross Income of $19,200 with estimated expected annual expenses of $3500 providing the investor a estimated Net Income of approximately $15,700 at current rent rates. This sale includes 1149 and 1151 Old South All information provided herein is intended to be accurate, however Buyer and Buyer's agent are required to verify all information and measurements contained herein. Call today for an appointment to view this great deal!
Location
State FL
County Polk
Community Magnolia Trails
Rooms
Other Rooms Florida Room
Interior
Interior Features Living Room/Dining Room Combo, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile, Laminate
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
Laundry Outside
Exterior
Exterior Feature French Doors, Sliding Doors, Storage
Parking Features Driveway, Parking Pad
Utilities Available Cable Available, Electricity Connected, Fire Hydrant, Public, Street Lights
View Trees/Woods
Roof Type Shingle
Porch Covered, Front Porch, Rear Porch, Screened
Garage false
Private Pool No
Building
Lot Description In County
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Inspections
Others
Senior Community No
Pet Size Very Small (Under 15 Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Membership Fee Required None
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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Bought with PEOPLE'S CHOICE REALTY SVC LLC