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123 Glenwood Drive

Lakeland FL 33805

2600 sq. ft.
20037.6 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

2600 sq. ft. floor area
20037.6 sq. ft. lot size
Duplex

Happy sellers in Lakeland

<50%
Less than 50% of sellers in Lakeland reported that their sale price either exceeded or met their price expectations.

Lakeland stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Lakeland over the last 12 months.

Local market activity for duplexes in Lakeland

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