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518 FRANCIS BLVD Lakeland, FL 33801
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Key Details
Sold Price $278,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,264 sqft
Price per Sqft $122
Subdivision Biltmore Park Sub
MLS Listing ID L4917027
Sold Date 09/15/20
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1950
Annual Tax Amount $1,734
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 100x129
Property Description
Spectacular opportunity to own this incredible income-generating property in the Cumberland Historic District. Close by Florida Southern, Grove Park, Lakeland High School, Lake Hollingsworth and Historic Downtown Lakeland. Unit #518 is 2 bed/2 bath with large living room, oversized kitchen, 2 spacious bedrooms, and a Florida/bonus room. Potential rent $1100. #520 is a 1 bed/1 bath with a HUGE living room, and kitchen with eat in dining area. Large enclosed front porch with potential rent of $875. Detached Guest House is #522 1 bedroom efficiency, currently renting for $600, but could rent for $700. All apartments have separate electric meters, with a single water volume discount meter. All apartments are in move-in ready condition. Duplex apartments have newer central AC units. Impeccably maintained. Please view and bring an offer today to have a passive income set up for many years to come.
Location
State FL
County Polk
Community Biltmore Park Sub
Zoning RB-1
Rooms
Other Rooms Bonus Room
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Solid Wood Cabinets, Window Treatments
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile, Tile, Vinyl
Fireplace false
Appliance Range, Refrigerator
Laundry None
Exterior
Exterior Feature Hurricane Shutters, Sidewalk
Parking Features Covered, Open, Parking Pad
Community Features None
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
View City
Roof Type Shingle
Porch Enclosed, Front Porch, Porch
Garage false
Private Pool No
Building
Lot Description Historic District, City Limits, Level, Oversized Lot, Sidewalk
Entry Level One
Foundation Slab
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction true
Construction Status Appraisal,Financing,Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with LAKELAND HOMES AND REALTY, LLC
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