Commercial property in Lakeland, Florida 160.54 sq.m. № 1751587

Property description

6 unit apartment complex 100% occupied!! (All apartments are studios) 1031 TAX EXCHANGE friendly!!! Please bring all offers, seller likes to negotiate! (Three duplexes on a corner lot property). all apartments have separate electric meters. Every Duplex has their own septic tank. Septic Tanks were installed in 2021. Total monthly Income is $5,900 X 12 months = Gross income is $70,800 per year with a net income of $57,297. CASH COW ALERT!! Located in the heart of highland city Lakeland florida close to Publix, Lowe’s, Home Depot, Walmart and other major stores. Property water service is on public water. Call today to schedule a walk Thru today!