$709,999 list price
location_onLAKELAND, FL 33803 · Polk County
Calling all investors! Welcome to 515 Duchess Ct, a fully renovated, block quadplex located in the heart of Lakeland. Whether you are an experienced investor looking to add another income producing asset to your portfolio or a buyer looking for a multi-family property to occupy and rent out the remaining units, this is the ideal investment. With easy access to the Airport, Hospital, and Florida Southern College, owners will find peace of mind knowing demand will remain strong for years to come. Units are broken down as (2) 2bd/1.5bth and (2) 2bd/1bth units. All units share a coin operated laundry room for additional income as well as an oversized parking pad. Each unit has an individual electric meter and water is paid for by the owner. Current leases include an additional fee to the lease amount to offset the cost of the tenants water usage and lawn care. All 4 units have been fully renovated with over $150,000 in recent updates including a new roof. The owner has spared no expense to ensure quality materials and finishes were used throughout, allowing units to rent at a premium, even in a competitive rental market. With few multi-family properties available in this area, this one is sure to go fast. Don't miss your opportunity to purchase this rarely available, block quadplex in a saught after location for tenants and investors alike. Please use latest FARBAR AS-IS contract. Measurements are estimates. Claims made in this listing are deemed correct by seller, but buyer understands it is their responsibility to confirm all info. Owner is also selling the neighboring quadplex, 511 Duchess Ct. MLS: U8183920.
Cooling
Heating
Construction
Roof
Terrance Connors
THE SHOP REAL ESTATE CO.
$142,000 down
Loan amount $567,999
Estimated monthly principal & interest
$3,590
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
THE SHOP REAL ESTATE CO.
727-593-7777
