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Here is a multi-family property that consists of two, 2 bedroom/1 bathroom units. Each side is approximately 910 square feet. The property appears to be in good condition, with tenants who currently pay $500 to $550 per side on a month to month basis.
Property will need to have both A/C units checked and possibly one replaced. Roof appears to be in good working conditions with no visible leaks. Rent continues to rise in Lakeland, making this property an excellent addition to any investor’s portfolio.
No HOA
Est. Rehab: $8,000
Est. Monthly Rent: $1,050
Est. ARV: $94,900
- Address: Chestnut Woods Drive, Lakeland, Florida 33815
- Price: $77,500
- Availability: Sold
- Listing Type: Duplex
- Bedrooms: 4
- Bathrooms: 2
- Total Square Feet: 1820
- Construction Type: Block
- Year Built: 1980