301 3RD, MULBERRY, FL, 33860 — photo 1
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301 3RD, MULBERRY, FL, 33860

$1,275,000

0 Beds7,584 Sq FtBuilt 19500.79 Acres

About This Property

MAJOR PRICE REDUCTION!! Income producing multi family property! 12 units total over 6 duplexes generating upwards of 120k annually gross income with potential for over 140k annually. All units have had the interiors updated in the past few years aside from one. Tenants pay all utilities! There are very little fixed expenses. All units have their own HVAC and Washer and Dryer hookups. Many improvements made to the property over the last few years both interior and exterior. Units lease really quickly when vacant. Property is in great location in the heart of Mulberry and just south of Lakeland. Just off route 60 making it easy access to anywhere you need to get to. This property is ready to cash flow for years to come. Sale includes an additional vacant parcel right behind existing structures that can be built on adding additional income.

Subdivision

CRIGLER L N ADD

Status

Active

Listed By

DIVINE REALTY AND ASSOCIATES LLC

Days on Market

105

Mortgage Calculator

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Est. Monthly Payment

$8,502

30-yr fixed · 20% down · 6.875%

Principal & Interest$6,701
Property Tax (actual)$1,270
Est. Home Insurance~0.5% est.$531
Total / month$8,502
Loan amount$1,020,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

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MLS# 8c1ab58414b8ff24b4c436095aae48fd

Location