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2246-2248 JUNGLE ST Lakeland, FL 33801
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Key Details
Sold Price $138,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,274 sqft
Price per Sqft $108
Subdivision Lakewood Park
MLS Listing ID O5801586
Sold Date 10/22/19
HOA Y/N No
Year Built 1975
Annual Tax Amount $1,184
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 100.0X100.0
Property Description
Turn key duplex in quiet neighborhood. Unit A well maintained by long term tenants and currently rented for $650 per month and currently on month to month lease. Unit B includes updated kitchen cabinets, flooring and appliances and currently rented for $750 per month. New roof installed in 2016. Both units separately metered for electric. Rent can easily be increased to $750 per month in unit A with minimal to no capital expenditures. This affords a pro forma cap rate of over 9% (see attached documents). Do not disturb tenants.
Location
State FL
County Polk
Community Lakewood Park
Zoning RES
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplace false
Appliance Electric Water Heater, Range
Exterior
Exterior Feature Fence, Sliding Doors
Garage Covered
Utilities Available Cable Available, Electricity Connected
Waterfront false
Roof Type Shingle
Parking Type Covered
Garage false
Private Pool No
Building
Lot Description In County, Level, Near Public Transit, Paved
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Membership Fee Required None
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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