728 N Chestnut Road, Lakeland, FL 33815
- $639,000
- 3,852
- SqFt
- List Price
- $639,000
- Status
- Active
- Days on Market
- 131
- Price Change
- ▼ $83,000 1783974375
- MLS#
- S5146101
- Property Style
- Multi-Family 5+
- Year Built
- 1981
- Living Area
- 3,852
- Lot Size
- 17,398
- Acres
- 0.40
- Total Acreage
- 1/2 to less than 1
- MLS Area Major
- Lakeland
Property Description
Income-producing mobile home park in Lakeland, FL, featuring 5 mobile homes. The property sits on approximately 0.45 acres (±19,600 SF) and currently generates a $9,000 monthly rent roll with low operating expenses of approximately $1,600 month, offering strong cash flow. Two of the mobile homes have been configured into duplex-style units, increasing the total number of income-producing units. Each unit includes a designated laundry area. The property also features security cameras, on-site storage, backup refrigerator, and spare A/C unit. Strategically located between Tampa and Orlando, this property benefits from strong population growth and high demand for affordable housing in Central Florida. Cash deal. Buyer to verify all information, zoning, and measurements.
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Additional Information
- Taxes Annual
- $1730
- Annual Gross Income
- 43440
- Location
- In County, Near Golf Course
- Community Features
- No Deed Restriction
- Utilities
- Electricity Available, Phone Available, Water Connected
- Heating
- Electric
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Other
- Roof
- Other
- Foundation
- Crawlspace
- Pool
- No Pool
- Flood Zone Code
- x
- Parcel ID
- 23-28-15-000000-014060
- Legal Description
- BEG NE COR OF SW1/4 OF NE1/4 RUN W 150 FT S 162 1/2 FT E 150 FT N 162 1/2 FT TO POB LESS N 25 FT FOR RD R/W & LESS MAINT R/W
Listing courtesy of AROD PARTNERS REALTY. 407-627-7621
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