Winter Haven, FL 33880,150 MARTIN LUTHER KING BLVD
Listed by KELLER WILLIAMS REALTY SMART 1
Bought with KELLER WILLIAMS ADVANTAGE III

$495,000

$499,999

1.0%
Est.Price: ?

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Est. payment /mo

3,648 SqFt


SOLD DATE : 08/27/2021

Key Details

Sold Price $495,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,648 sqft

Price per Sqft $135

Subdivision Van Fleet Companys Sub

MLS Listing ID P4915883

Sold Date 08/27/21

Construction Status Completed

HOA Y/N No

Year Built 1994

Annual Tax Amount $3,709

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Multi-Family

Source Stellar MLS

Property Description

Incoming producing property. Tenants looking to stay opportunity to raise rents and cap rate. Centrally located near Downtown Winter Haven. Property is Mixed-use. Retail store and 4 Multifamily Apartments. **** Don't miss this opportunity to add this cash-flowing property to your portfolio. Detached Duplex 3 years old. Convenient store two walk-in coolers. Upstairs 2-2/1 apartments, fully occupied and all tenants are month to month. All tenants been there over 3 yrs. All leases will expire on July 31st. Owner is working renewing leases, New lease terms will be for 12 months with the exception of 1 tenant which he is on a month to month for the duplex in back, and he will be moving out soon.

Location

State FL

County Polk

Community Van Fleet Companys Sub

Area 33880 - Winter Haven/Eloise/Jpv/Wahnetta

Zoning BR

Interior

Heating Central, Electric

Cooling Central Air

Fireplace false

Exterior

Exterior Feature Lighting

Utilities Available Electricity Available

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description City Limits, Paved

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

Special Listing Condition None

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Stellar MLS
Miguel Carrillo

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