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1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo
1125 Olive Street , Lakeland, FL 33815 Photo

16 Photos

1125 Olive Street Lakeland, FL 33815
$505,000
  • Beds
    6
  • Total Square Feet
    2,400
  • Lot Size
    0.40 acre(s)

8.3% CAP RATE IN PLACE, 9.3% ON PRO FORMA: FOUR UPDATED UNITS. This turnkey fourplex delivers day one cash flow with rent upside already built into the numbers. Two separate duplexes sit on a combined 0.40-acre lot (including 3 parcels). Building one is a 1947 duplex with 1,120 sq ft, and building two is a 1954 duplex with 1,280 sq ft. All four units have been updated, so the heavy lifting is done. Current operations produce an 8.3% cap rate, and bringing rents to market per the pro forma pushes...

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Property Summary

MLS Number: TB8553595
Status: Active
Days on Market: 21
Subdivision: LAKE BEULAH HEIGHTS DIV 02
County: Polk
Bedrooms: 6
Total Square Feet: 2,400
Price Per Sq. Ft.: $210
New Construction: No
Waterfront: No
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Ductless
Lot Size: 0.40 Acres
Roof Type: Shingle
Year Built: 1947
Taxes: $4,640

Featured Amenities

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Property Details

Annual Net Income: 42075.00
Days on Site: 21
Directions: sikes blvd to s central ave to right on olive. 1125 on the left.
Exterior: Frame
Outdoor Features: None
Flood Zone Code: X
Foundation: Crawlspace, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot Dimensions: 0.4
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, ShowingTime
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RB-1
Construction: Frame

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Courtesy of

Agency Name: COLDWELL BANKER REALTY
Agency Contact: 727-822-9111
Agent Name: Samuel Rudolph

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Presented by

Agent Name: Roni Sterin
Agent Phone: 305.942.7446
Agency Title: The Keyes Company
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Roni Sterin
keyes.com
Agent Cell:
305.942.7446

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Estimated Payment

$ 3,013.58 Principal & Interest $2,479.62 Property Tax $386.67 Homeowner's Insurance $147.29
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