MULBERRY, FL 33860 301 SW 3RD TERRACE
$1,399,999
34 more
Presented By: DIVINE REALTY AND ASSOCIATES LLC with 718-954-2278. - 718-954-2278
SQFT • 7,584
Home Details
MAJOR PRICE REDUCTION!! SELLER MOTIVATED! 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.
Presented By: DIVINE REALTY AND ASSOCIATES LLC with 718-954-2278. - 718-954-2278
Interior Features for 301 SW 3RD TERRACE
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesOther
Laundry FeaturesElectric Dryer Hookup, Washer Hookup
General for 301 SW 3RD TERRACE
Additional Parcels Description23-30-11-156000-009101
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Carport Y/NNo
CityMULBERRY
Construction MaterialsBlock
CoolingCentral Air
CountyPolk
DirectionsTake route 60 East from Bailey Road, R on SW 3rd Avenue, R on SW 3rd Terrace
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
HeatingCentral
Land Lease Y/NNo
Legal DescriptionCRIGLER L N ADD PB 1 PG 43 BLK C LOTS 5 6 LESS N 75 FT & S 25 FT OF W 30 FT OF 7 & 8 N 88 FT OF W 30 FT & LOT 9 W 138.5 FT
LevelsOne
Listing TermsCash, Conventional, Private Financing Available
Living Area UnitsSquare Feet
Lot Size Square Feet34595
Lot Size UnitsSquare Feet
MLS Area33860 - Mulberry
New ConstructionNo
Number Of Units Total12
OwnershipFee Simple
PossessionClose Of Escrow
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCRIGLER L N ADD
Tax Annual Amount15236.35
Tax Lot9
Tax Year2025
Tenant PaysElectricity, Trash Collection, Water
UtilitiesElectricity Available, Public
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1950
ZoningR-1
Exterior for 301 SW 3RD TERRACE
Exterior AmenitiesOther
Foundation DetailsSlab
Lot Dimensions138 x 125
Lot Size Acres0.79
Lot Size Area34595
Number of Buildings6
Number of Lots2
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Steven Silcock
Broker Owner