UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,589 sqft
Price per Sqft $193
Subdivision Gabarone Ph 02
MLS Listing ID P4934162
Bedrooms 6
HOA Y/N No
Originating Board Stellar MLS
Year Built 1984
Annual Tax Amount $2,432
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 115x95
Property Sub-Type Triplex
Property Description
This meticulously maintained Triplex presents an outstanding investment opportunity. Featuring a total of 3 spacious units, each with 2-bedrooms and 1.5-bathrooms. Additionally, each unit includes front and back covered porches, a backyard, a laundry room, and a storage area.
With all units currently occupied by long-term tenants paying below-market rent, there is significant potential to increase cash flow and maximize returns.
The property also includes 7 assigned parking spaces, providing ample and hassle-free parking for all tenants, New Roof installed in 2022 and fresh Exterior Paint in 2023.
Surrounded by mature, lush trees, the property offers a tranquil environment while remaining ideally located near shopping, dining, and medical offices. Walmart is just a short walk away, and SR-570 is only 1.5 miles from the property.
This is a rare opportunity to acquire an income-generating property in a prime location with tremendous upside potential.
Location
State FL
County Polk
Community Gabarone Ph 02
Area 33823 - Auburndale
Rooms
Other Rooms Inside Utility
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Dishwasher, Microwave, Range, Range Hood, Refrigerator
Laundry Electric Dryer Hookup, Laundry Room, Washer Hookup
Exterior
Exterior Feature Sidewalk, Storage
Parking Features Assigned
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Roof Type Shingle
Porch Covered, Front Porch, Rear Porch
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4934162
