$800,000
$875,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
3,640 SqFt
SOLD DATE : 03/13/2024
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,640 sqft
Price per Sqft $219
Subdivision Van Deusen & Shannons
MLS Listing ID L4941834
Sold Date 03/13/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1925
Annual Tax Amount $6,766
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Welcome to the Historic Lakeland Quadruplex, a truly remarkable property that seamlessly combines the charm of the 1920s with the modern amenities that tenants desire. Nestled in the sought-after South Lake Morton historic district, this quadruplex is situated in the heart of Lake Hollingsworth, offering a prime location and an excellent investment opportunity. Comprising four fully rented units, this quadruplex ensures a steady and attractive rental income for its fortunate owner. Each unit has been thoughtfully updated, featuring renovated kitchens with contemporary appliances, fresh interior paint, and newer carpeting. Despite the modern touches, the units have retained their original allure from the 1920s, boasting classic details such as elegant wall casing, crown molding, and built-in kitchens. Each unit includes separate washer/dryer hookups located outside the living areas, ensuring a quiet and peaceful atmosphere. Additionally, tenants will appreciate the assigned covered carport parking spaces, providing protection from the elements. Private decks for each unit offer the perfect space to relax, entertain, and enjoy the beautiful surroundings. Just blocks away from popular local establishments like Cob & Pen, Concord Coffee, and Patio 850, residents will have access to an array of dining, entertainment, and socializing options. The proximity to these amenities adds to the appeal and desirability of this exceptional property. Each of the four units offers two bedrooms and one bathroom, providing comfortable and spacious living quarters. Abundant natural light permeates the interiors, creating a warm and inviting ambiance. Furthermore, ample storage closets, a coveted feature for its time, cater to the practical needs of residents, ensuring a clutter-free living experience. Each unit is equipped with its own refrigerator, range, water heater, and air conditioning system. Moreover, all utilities, including gas, are separately metered, allowing for efficient and transparent management of expenses. This Historic Lakeland Quadruplex is a rare gem that effortlessly combines historic charm with modern comforts. Its prime location, attractive rental income, and the allure of the South Lake Morton historic district make this property a highly desirable investment opportunity. Don't miss your chance to own a piece of Lakeland's history while enjoying the benefits of a lucrative and prosperous investment. Contact us today to arrange a viewing of this remarkable property.
Location
State FL
County Polk
Community Van Deusen & Shannons
Zoning RM
Interior
Interior Features Ceiling Fans(s), Crown Molding, Split Bedroom, Thermostat, Walk-In Closet(s)
Heating Central
Cooling Central Air
Fireplace true
Appliance Gas Water Heater, Range, Refrigerator
Laundry Other
Exterior
Exterior Feature Lighting
Utilities Available BB/HS Internet Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Street Lights
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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