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5 Home Parcel - Staggering Opportunity!!!



$354,900

SOLD

127 Strain Blvd

Lakeland, FL

  • 5 single family wood frame houses with 1.07 acres
  • 3 of the 5 are rented. 4th house is being renovated and roof replaced as needed. 5th house is in need of a full rehab
  • Zoned commercial, approved for a strip mall
  • All houses have separate meters
  • Separate sewer and only 1 septic
  • House #1 rents for $575. House #2 rents for $650. House #3 rents for $700. House #4 will rent for $600. House #5 after reno can rent for $700

Documents

 
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  • Sale Comps $465K - $565K
  • Rental Comps $575 - $700
  • Property Type Residential
  • Location Lakeland, FL 33815
  • Size 4500 sq. ft.
  • Bedrooms 11
  • Bathrooms 5
  • TAV 146.4K
  • Annual Taxes $3,340
  • Year Built 1959

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