Price Reduced 2.22%
Price History
$449,995
9/15/2024
$439,995
11/19/2024
518 N Ohio Ave, Lakeland, FL, 33815
0 beds
1923
3,763 sqft
SELLER IS PAYING $15,000 TOWARDS CLOSING COSTS, PRE-PAIDS, AND OR RATE BUY-DOWNS WITH FULL PRICE OFFER!!! This 3,763 square feet 10-bedroom 3 bathroom renovated home (new flooring, new water heaters, new electrical breakers, new bathroom cabinets, new doors, new paint, etc.) has 4,768 square feet under roof and is ideal for an investor or a home owner. It is a duplex with two separate addresses, two mailboxes, separate parking for both units, and is in a quiet neighborhood with no HOA. The home has a good rental income. Please do not disturb the tenants. Showing can be arranged. As an investor, you can earn $55,796 in gross annual rental income. The 518 N Ohio Ave. unit has 6 bedrooms and 2 bathrooms, has high ceilings and an open floor plan. The first floor has a large kitchen, extra-large living room, dining room, 2 large bedrooms, 1 bathroom, 2 open porches, and plenty of closets. The second floor has three large and one medium bedroom with 1-bathroom, large walk-in closet and attic for storage. This unit is ideal for an owner to live in and rent the other unit to pay off the mortgage. The 704 W Magnolia St. unit has a separate entrance and separate parking and mailbox and has 4 bedrooms, one bathroom, kitchen, living room, hallway, and porch.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Inside
Units:
2
Subdivision:
BOWYERS SUB
Heating:
Central
Cooling:
Central Air
Acreage:
0.21
Est. Taxes:
$4,338
Construction
Stucco, Wood Frame
Utilities
Cable Connected, Electricity Connected, Water Connected
Days on Market:
76
Appliances:
Dishwasher, Disposal, Range, Refrigerator
Min Lease Term:
1-2 Years
MLS #:
O6241812
Community Info
School Info
Walk Score
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Listing courtesy of ELITE INVESTORS REALTY LLC Phone: 407-992-8330