$125,000

Estimated payment $801/month

Total Views 61,826
-- Bed
-- Bath
480 Sq Ft
$260 Price per Sq Ft

About This Home

"Cash Flow Carnival - Double Trouble Edition!

Are you ready to dive into the thrilling world of real estate, where adventure and cash collide? Behold, the Investor Special of your wildest dreams – not one, but TWO mobile homes on a single lot!
Now, we know what you're thinking, "Double the trouble, double the fun!" These homes are already in high demand, playing host to month-to-month tenants.
But wait, there's more! These homes come with their very own makeover story. Picture it: HGTV meets a mobile home marathon. Renovation enthusiasts, prepare for your ultimate challenge! Both homes are in desperate need of some TLC, but don't worry, we've heard that paintbrushes and power tools make great companions.
Now, let's talk numbers. You're not just buying a couple of homes; you're buying a golden ticket to financial freedom! With a staggering 13 cap rate, this investment is like hitting the jackpot at the real estate casino. Cash flow galore, baby!
But here's the kicker, folks – to join the Cash Flow Carnival, you must bring one guest, and that guest is none other than Mr. Cash himself! That's right, you'll need to pay cash to play, but trust us, it'll be the best money you ever spend.
So, if you're ready to embrace the wild, wacky world of mobile homes, tenants with stories for days, and a chance to make your cash work harder than ever, this Investor Special is calling your name. But remember, this isn't just an investment; it's a front-row seat to the greatest show on earth – the Cash Flow Carnival!"

Listing Agent

Jennifer Ketchum

S & D REAL ESTATE SERVICE LLC Brokerage Phone: 863-824-7169 License #3536452 Listed on: 09/25/2023

S & D REAL ESTATE SERVICE LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1968

Lot Details

  • 6,882 Sq Ft Lot
  • Dirt Road

Parking

  • 1 Carport Space

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 480 Sq Ft Home
  • Crawl Space
  • Range

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • 480 Sq Ft Building
  • Country Club Estates Sub Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,619

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 480
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 480
  • Lot Size Sq Ft: 6882
  • Directions to Property: Head south on Combee, turn on Magnolia, house is on right. Sign out front
  • Status: Active
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Lakeland
  • Escrow Postal Code: 33803
  • Escrow State: FL
  • Escrow Street Name: E. Edgewood Ste 107
  • Escrow Street Number: 2000
  • List Office Head Office Key Nume: 161479562
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 260.42
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 863-824-7169
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Levels: One
  • Street Number Modifier: 2306
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 44.59

Exterior Features

  • Exterior Features: Other
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Dirt
  • Disclosures: Lead Paint
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22
  • Flood Zone Panel: 12105C0320G

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Other, Wall Units / Window Unit
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-2
  • Parcel Number: 24-28-16-186000-003222
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 639

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: All lease restrictions to be varified by county

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 2

Tax Info

  • Tax Annual Amount: 1619
  • Tax Block: 3
  • Tax Book Number: 7-10
  • Tax Lot: 22

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 For Sale $125,000 -- $260 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: L4939702

Stellar MLS