Lakeland, FL 33801,2401 IDLEWILD ST
Lakeland, FL 33801,2401 IDLEWILD ST
Lakeland, FL 33801,2401 IDLEWILD ST
Lakeland, FL 33801,2401 IDLEWILD ST
Lakeland, FL 33801,2401 IDLEWILD ST
Lakeland, FL 33801,2401 IDLEWILD ST
See all 17 photos

$2,500,000

$2,650,000

5.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

18,130 SqFt


SOLD DATE : 01/31/2022

Key Details

Sold Price $2,500,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 18,130 sqft

Price per Sqft $137

Subdivision Lakewood Park

MLS Listing ID T3331144

Sold Date 01/31/22

Construction Status Inspections

HOA Y/N No

Year Built 1980

Annual Tax Amount $17,247

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 78x133

Property Description

Incredible Turnkey Opportunity of 20 Units on 9 separate parcels - 100% occupied with a gross rent of $18,575/month or $222,900/year. Each unit is 906 sq ft with 2 bedrooms, 1 or 1.5 baths, full laundry closet hook ups, concrete block construction, new roofs on all buildings in 2021, most central AC units are newer, new double pane energy efficient windows and also new sliding doors to patios. The layouts are very spacious and most units have no carpet and have been upgraded. Trash is included in the low water bills (about $23/unit), tenant pays their own electric. Not in Flood Zone. Each building has its on Septic system, with 3 of the systems recently replaced. Each unit rents quickly when they come available with multiple applications to choose from, high demand in the area and close to major highways and lots of job options, Lake Parker is nearby for enjoyment with a public park with a boat ramp and pavilions. Lots of job options and things to do with a great central FL location in a good area. Turn Key rental operation with professional management, current leases and formal rent roll activity with substantial deposits and some last month rents collected in advance. Financial information available on request. All of the hard work has been done and background and credit has been pulled on tenants placed since 2019, some tenants have lived in their units for well over 5 years. This is a great turn key rental operation that does not need repairs to keep the cash flow. Call for more information! Drive-bys are welcome but please do not disturb tenants. Financing is an option with this complex.

Location

State FL

County Polk

Community Lakewood Park

Zoning R-4

Interior

Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Walk-In Closet(s)

Heating Central

Cooling Central Air

Furnishings Unfurnished

Fireplace false

Exterior

Exterior Feature Sliding Doors

Utilities Available Cable Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Construction Status Inspections

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by BLUE SUN REALTY
Bought with BLUE SUN REALTY
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