Heather Jaxheimer-Mills
BEDS6
BATHS
SQUARE FEET1,609
MLS#S5154520
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONROCHELLE TERRACE
Property Description
Investor Description (Short & Straight to the Point)Income-producing property with endless upside! This unique investment features 3 grandfathered rental units generating approximately $5,700/month in rental income. Situated on one of Polk County's highest-traffic corridors, the property offers exceptional visibility, commercial-area potential, and possible billboard income (buyer to verify approvals). Buy below the cost of comparable commercial opportunities and capitalize on multiple future value-add possibilities.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Central Air
Heating: Central
Lot Size: 0.33 Acres
Roof Type: Shingle
Taxes: $4,043
Year Built: 1945
Amenities
Ceiling Fans(s)
Open Floorplan
Garden
Private Mailbox
Private Yard
Storage
Feature Descriptions
Annual Net Income: 29236.00
Days on Site: 1
Directions: Driving Directions from I-4 (Closest Interstate)From Interstate 4 (I-4) â?? Exit 48 (CR 557 / Lake Alfred):Take Exit 48 toward Lake Alfred / CR 557.Head south on CR 557 for approximately 2.5 miles.Turn left onto US Highway 17/92 (S Lake Shore Way).Continu
Exterior: Stucco
Flood Zone Code: X
Foundation: Basement, Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.33
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Septic Tank
Showing Instructions: 24 Hour Notice, Appointment Only, Do Not Contact Tenants, No Lockbox, See Remarks
Special Sale Provisions: None
Utilities: Cable Available, Electricity Available
Water: Public
Water Access Y/N: No
Zoning: C-1
Listed By / Shown By
Listed By
Agency Name: LA ROSA REALTY LLC
Agency Contact: 321-939-3748
Shown By
Agent Name: Heather Jaxheimer-Mills
Agent Phone: Cell: (813) 335-8080
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 1,318.39 per month $867.75 Principal & Interest $336.92 Property Tax $113.72 Homeowner's InsuranceChange Payment Information
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875 S Lake Shore Way | MLS# S5154520
This multi-family property located at 875 S Lake Shore Way , Lake Alfred, FL 33850 is currently listed for sale with an asking price of $389,900. Search Lake Alfred real estate on www.jaxteamtampa.com today.