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123 Glenwood Drive, Lakeland, Florida 33805

  • $449,000
123 GLENWOOD DRIVE, Lakeland, FL 33805
Expired
123 Glenwood Drive, Lakeland, Florida 33805
123 GLENWOOD DRIVE, Lakeland, FL 33805
  • $449,000

Overview

Property ID: HZP4926882
  • Quadruplex, Residential Income
  • Property Type
  • 1954
  • Year Built

Description

Excellent income producing property with 2 parcels being sold together as a package. Two addresses and parcel ID’s- two mobile homes and two single family homes. The two single family homes are wood frame- 842 sq ft and 570 sq ft. The two mobile homes are 516 sq ft and 672 sq ft. All are fully rented month to month and have city water and septic. Current rents are well below market rates. Projected pro forma rents are $6450 per month and the pro forma cap rate equates to 17%. Great location near I-4, shopping and restaurants.

  • Address 123 GLENWOOD DRIVE
  • City Lakeland
  • State/county FL
  • Zip/Postal Code 33805
  • Country US

Details

Updated on February 1, 2024 at 5:17 am
  • Property ID: HZP4926882
  • Price: $449,000
  • Land Area: 0.46 Acres
  • Year Built: 1954
  • Property Type: Quadruplex, Residential Income
  • Property Status: Expired

Additional details

  • Roof: Metal, Shingle
  • Utilities: Cable Connected, Electricity Connected, Public
  • Sewer: Public Sewer, Septic Tank
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • County: Polk
  • Property Type: Residential Income

Features

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