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5142 & 5140 CORNELL ST Lakeland, FL 33810
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Key Details
Sold Price $190,912
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $93
Subdivision Lake Gibson Poultry Farms Inc
MLS Listing ID T3261067
Sold Date 09/18/20
Bedrooms 4
Full Baths 4
Construction Status Inspections
HOA Y/N No
Year Built 1985
Annual Tax Amount $1,253
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Excellent opportunity to live in one unit and start generating cash flow immediately, or rent out both units and start generating a 9% return. All concrete block construction makes for easy maintenance, and updates include a new roof in 2019, updated electrical panels in both, and unit 5140 has a new AC. Duplex is in a secure area with an EMT station across the street. The current owners unit is move in ready, with ceramic tile, beautiful laminate/wood floors and updated kitchen and bathroom. Tenants have been in the unit for 20+ years and have an excellent payment history with no desire to move. Property has a large yard with plenty of shade to enjoy the outdoors. Located very close to shopping, restaurants, and an easy drive to I4 and everything Lakeland has to offer.
Location
State FL
County Polk
Community Lake Gibson Poultry Farms Inc
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen
Heating Electric
Cooling Central Air
Flooring Ceramic Tile, Laminate
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Washer
Exterior
Exterior Feature Sidewalk
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Porch None
Garage false
Private Pool No
Building
Lot Description City Limits, Paved
Story 1
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Septic Tank
Water Public
Structure Type Concrete
New Construction false
Construction Status Inspections
Schools
Elementary Schools Sleepy Hill Elementary
Middle Schools Sleepy Hill Middle
High Schools Kathleen High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with KELLER WILLIAMS CLASSIC
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