VERY UNIQUE RENTAL PROPERTY OPPORTUNITY! Needs some clean up, but an 20% GROSS ROI gives you room to do just that! It was recently rented, but currently vacant. Potential monthly rents: $3,550! 3/2 single family home $1,200, 3 one-bedroom apartments $650 each, RV storage/parking $100, workshop $300. 3 apartments are above very large garage. You could add more revenue to the property by building out more apartments in the garages. 2nd large garage can easily be rented as workshop space. Garage has an old air compressor for air tools. House on separate electric. Apartments on one electric. All on well/septic. So much potential here! Address is Auburndale, but actually outskirts of Lakeland. VERY convenient close to Polk Parkway/I-4.
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on April 1st, 2020 at 12:00pm EDT.