SoldApr 22, 2016

Listed by Milton De La Cruz

726 E Lime St, Lakeland, FL, 33801

$187,000

4
3508 sq. ft.
7000 sq. ft.

MultiFam

30+ days on the market

Sold: Apr 22, 2016

What's around 726 E Lime St

About this property

Fantastic opportunity to own a great income-producing property in Lakeland's Historic District. This 5 unit building brings in approximately $31,740 in gross annual income. This building is within walking distance to the Public Library and Museum, Florida Southern College, Lake Morton and Lake Mirror, Munn Park/downtown Lakeland and more. I-4 is also within a short drive. All units are currently rented and consist of a 2 bed 1 bath, two(2) 2 bed 1 bath, one(1) 1 bed 1 bath and 1 studio. Tenants pay for all utilities except for water which is appx. $60/month for the entire building. Units have gas stoves and window units. Very low turnover and low maintenance. A Coin Laundry was just installed March 2015 for tenant's convenience. The roof was replaced in the last 9 - 10 years. There may be other potential uses. Please do not approach/disturb tenants. Please call today for more details on this awesome opportunity before it is gone.

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