301 SW 3rd Terrace Mulberry, FL 33860

$1,350,000

Total Square Feet

7,584
Lot Size

0.79 acre(s)

Income producing multifamily property! DE-RISKED INVESTMENT: 12-Unit Portfolio + Expansion Land - Delivered with 6 NEW ROOFS! Stop fighting the Florida insurance market. This high-performing 12-unit complex is being re-introduced to the market with a massive seller incentive: 6 Brand New Roofs to be completed prior to closing. By delivering the asset with new roofs, the seller is removing the #1 hurdle to financing and securing affordable insurance premiums. This 10%+ Cap Rate asset features 11 ...

Property Summary

MLS Number: TB8460905

Status: Active

Days on Market: 127

Subdivision: CRIGLER L N

County: Polk

Bedrooms: 0

Total Square Feet: 7,584

Price Per Sq. Ft.: $178

New Constuction: No

Waterfront: No

Property Type: Multi Unit - Multiple

Cooling: Central Air

Heating: Central

Lot Size: 0.79 Acres

Roof Type: Shingle

Stories: 1.0

Year Built: 1950

Taxes: $15,236

Featured Amenities

Other

Property Details

Annual Net Income: 121331.00

Days on Site: 127

Directions: Take route 60 East from Bailey Road, R on SW 3rd Avenue, R on SW 3rd Terrace

Exterior: Block

Outdoor Features: Other

Flood Zone Code: X

Foundation: Slab

Home Warranty Y/N: No

Listing Terms: Cash, Conventional, Private Financing Available

Lot Dimensions: 0.79

Ownership: Fee Simple

Property Attached Y/N: No

Property Sub-Type: Duplex

Sewer: Public Sewer

Showing Instructions: Call Listing Agent, Do Not Contact Tenants, Lockbox, See Remarks

Special Sale Provisions: None

Units: 12

Utilities: Electricity Available, Public

Water: Public

Water Access Y/N: No

Zoning: R-1

Construction: Block

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Courtesy of

Agency Name: DIVINE REALTY AND ASSOCIATES LLC
Agency Contact: 718-954-2278
Agent Name: Mendel Friedman

Presented by

Agent Name: Danielle Willson
Agent Phone: 954.683.7888
Agency Title: The Keyes Company
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Danielle Willson

keyes.com

Agent Cell:

954.683.7888

Office Phone: