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Florida Real Estate For Sale in This Area

Lakeland home for sale: 2401 Idlewild Street | MLS ID: T3331144 


Listing IDT3331144
Price$2,650,000
StatusActive
SqFt 18,130
Acres 0.250
CountyPolk
SubdivisionLakewood Park
Year Built1980
Property TypeResidential Income
Property Sub TypeDuplex
Incredible Turnkey Opportunity of 20 Units on 9 separate parcels - 100% occupied with a gross rent of $18,575/month or $222,900/year. Each unit is 906 sq ft with 2 bedrooms, 1 or 1.5 baths, full laundry closet hook ups, concrete block construction, new roofs on all buildings in 2021, most central AC units are newer, new double pane energy efficient windows and also new sliding doors to patios. The layouts are very spacious and most units have no carpet and have been upgraded. Trash is included in the low water bills (about $23/unit), tenant pays their own electric. Not in Flood Zone. Each building has its on Septic system, with 3 of the systems recently replaced. Each unit rents quickly when they come available with multiple applications to choose from, high demand in the area and close to major highways and lots of job options, Lake Parker is nearby for enjoyment with a public park with a boat ramp and pavilions. Lots of job options and things to do with a great central FL location in a good area. Turn Key rental operation with professional management, current leases and formal rent roll activity with substantial deposits and some last month rents collected in advance. Financial information available on request. All of the hard work has been done and background and credit has been pulled on tenants placed since 2019, some tenants have lived in their units for well over 5 years. This is a great turn key rental operation that does not need repairs to keep the cash flow. Call for more information! Drive-bys are welcome but please do not disturb tenants. Financing is an option with this complex.
Listing information courtesy of Blue Sun Realty.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2021. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on Saturday, October 16th, 2021 at 01:07:26 AM.

Contact - Listing ID T3331144


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Angie Inzerillo

1707 W. Reynolds St.
Plant City, FL 33563
Phone: 813-365-3370
Phone Alt: 813-230-4453
Data services provided by IDX Broker