3845 K VILLE AVE, Auburndale, FL 33823 – L4914801

$228,000

Est. payment -/mo

$213,000

7.0%

Est.Price: ?

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1,216 SqFt

SOLD DATE : 06/30/2020

Key Details

Sold Price $228,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,216 sqft

Price per Sqft $187

Subdivision Kossuthville Townsite Sub

MLS Listing ID L4914801

Sold Date 06/30/20

Construction Status Financing,Inspections

HOA Y/N No

Year Built 1947

Annual Tax Amount $1,963

Lot Size 0.560 Acres

Acres 0.56

Lot Dimensions 163x150

Property Description

VERY UNIQUE RENTAL PROPERTY OPPORTUNITY! Needs some clean up, but an 20% GROSS ROI gives you room to do just that! It was recently rented, but currently vacant. Potential monthly rents: $3,550! 3/2 single family home $1,200, 3 one-bedroom apartments $650 each, RV storage/parking $100, workshop $300. 3 apartments are above very large garage. You could add more revenue to the property by building out more apartments in the garages. 2nd large garage can easily be rented as workshop space. Garage has an old air compressor for air tools. House on separate electric. Apartments on one electric. All on well/septic. So much potential here! Address is Auburndale, but actually outskirts of Lakeland. VERY convenient close to Polk Parkway/I-4.

Location

State FL

County Polk

Community Kossuthville Townsite Sub

Zoning RE-2

Interior

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Fireplace false

Exterior

Exterior Feature Other

Parking Features Workshop in Garage

Garage Spaces 4.0

Utilities Available Electricity Connected

Roof Type Shingle

Attached Garage false

Garage true

Private Pool No

Building

Foundation Slab

Lot Size Range 1/2 Acre to 1 Acre

Sewer Septic Tank

Water Well

Structure Type Block

New Construction false

Construction Status Financing,Inspections

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Submit

Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by CMTG REAL ESTATE GROUP
Bought with HOMEWARD REAL ESTATE

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com