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$ 1,025,000
$ 1,325,000 22.6%
7,584 SqFt
$ 1,025,000
$ 1,325,000 22.6%
7,584 SqFt
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,584 sqft
Price per Sqft $135
Subdivision Crigler L N Add
MLS Listing ID TB8460905
Sold Date 06/12/26
HOA Y/N No
Year Built 1950
Annual Tax Amount $15,236
Lot Size 0.790 Acres
Acres 0.79
Lot Dimensions 138x125
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Stop fighting the Florida insurance market. This high-performing 12-unit complex is being re-introduced to the market with a massive seller incentive: 6 Brand New Roofs to be completed prior to closing. By delivering the asset with new roofs, the seller is removing the #1 hurdle to financing and securing affordable insurance premiums. This 10% + Cap Rate asset features 11 renovated units, individual HVACs, and massive upside. Sale includes an adjacent vacant parcel for future development or added amenities. Buy today, finance easily, and enjoy years of maintenance-free ownership.
Location
State FL
County Polk
Community Crigler L N Add
Area 33860 - Mulberry
Zoning R-1
Interior
Interior Features Other
Heating Central
Cooling Central Air
Fireplace false
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Other
Utilities Available Electricity Available, Public
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition None
Bought with Andrew Cutrona BLUE PEAK REALTY LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "