518 N OHIO AVE Active Save Request In-Person Tour Request Virtual Tour
Lakeland,FL 33815
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,763 sqft
Price per Sqft $119
Subdivision Bowyers Sub
MLS Listing ID O6241812
HOA Y/N No
Originating Board Stellar MLS
Year Built 1923
Annual Tax Amount $4,338
Lot Size 9,147 Sqft
Acres 0.21
Property Description
This 3,763 square feet 10-bedroom 3 bathroom renovated home (new flooring, new water heaters, new electrical breakers, new bathroom cabinets, new doors, new paint, etc.) has 4,768 square feet under roof and is ideal for an investor or a home owner.
It is a duplex with two separate addresses, two mailboxes, separate parking for both units, and is in a quiet neighborhood with no HOA. The home has a good rental income. Please do not disturb the tenants. Showing can be arranged. As an investor, you can earn $55,796 in gross annual rental income. The 518 N Ohio Ave. unit has 6 bedrooms and 2 bathrooms, has high ceilings and an open floor plan. The first floor has a large kitchen, extra-large living room, dining room, 2 large bedrooms, 1 bathroom, 2 open porches, and plenty of closets. The second floor has three large and one medium bedroom with 1-bathroom, large walk-in closet and attic for storage. This unit is ideal for an owner to live in and rent the other unit to pay off the mortgage. The 704 W Magnolia St. unit has a separate entrance and separate parking and mailbox and has 4 bedrooms, one bathroom, kitchen, living room, hallway, and porch.
Location
State FL
County Polk
Community Bowyers Sub
Zoning RA-4
Interior
Interior Features Ceiling Fans(s),Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Carpet,Laminate,Tile
Fireplace false
Appliance Dishwasher,Disposal,Range,Refrigerator
Laundry Inside
Exterior
Exterior Feature Sidewalk
Utilities Available Cable Connected,Electricity Connected,Water Connected
Waterfront false
Roof Type Metal,Shingle
Garage false
Private Pool No
Building
Entry Level Two
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None