1020/1022 Texas Ave Lakeland, FL 33805

  • $299,900
1020 Texas Avenue, Lakeland, FL, USA
Sold

1020/1022 Texas Ave Lakeland, FL 33805

1020 Texas Avenue, Lakeland, FL, USA
  • $299,900

Overview

  • Multi Family Home
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 0
  • Garage
  • 2800
  • Sq Ft
  • 1964
  • Year Built
  • 13504
  • Lot Sq Ft

Details

Updated on June 9, 2023 at 4:40 pm
  • Estimated ARV Range: $450,000 - $500,000
  • Estimated Rent Range: $4000 - $4800
  • Occupancy: Rented Month to Month
  • Construction: CBS
  • Ideal Strategy: Flip / Rental
  • Contact: Call 407-449-1641

Description

Features
–>2 Duplexes!
–>Zoned for 9 units or less (Code: 0850)
–>6 or 7 year our Roof with plenty of life left on it

HUGE MULTI FAMILY RENTAL PLAY OPPORTUNITY! This multifamily features CBS construction, 2 buildings(2 duplexes), a total of 8 bedrooms, 4 baths, driveway parking, and sits on a quarter acre lot. With a total of 4 identical units, each unit is a 2/1 with 700 sq/ft, features its own individual meter and front and rear entrances. Don’t miss this chance to purchase this property for a great cash flowing multi family opportunity!

Comps:

1102 Roselle Ave – 8/4 with 3,948 sqft
SOLD $500K! 8/16/22
(QUADPLEX, needed updating, was listed for $1,200/month rent)

608 Kansas Ave – 8/4 with 3,600 sqft
SOLD $455K 10/7/22
(TWO DUPLEXES, 2 units per building)

915 Martin L King Jr Ave – 3/3 with 1,386 sqft
SOLD $355K 11/30/22
(TRIPLEX, RENTED $1,150/month, each unit 462 sqft and 1/1s)

808 E Lemon St, Lakeland – 2/2 with 1,144 sqft
SOLD $315K 10/14/22
(DUPLEX, half the amount of units of the double duplex)

1308 Herschell St – 4/2 with 1,711 sqft
SOLD $254K 4/21/23
(DUPLEX, 1,000 sqft less and half the bed/bath/unit count)

  • Address 1020 Texas Ave
  • City Lakeland
  • State Florida
  • Zip Code 33805
  • County United States

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