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100 NE 10th Ter
Mulberry, FL 33860 Southwest Polk

$1,100,000 USD

Multifamily For Sale  •  2,000 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 2,000 SF
  • Lot Size 0.92 AC
  • Year Built 1973
  • Zoning RL-4
0 Transit Score
46 Walk Score

Highlights

5 duplex style structures on almost an acre of land with 10 units. Tremendous upside - current under market rents can be raised.
All units are 2/1 traditional apartment and several of the units have been rehabbed. Great income opportunity, with proforma numbers around $150K.
4 vacant units at present, as new management company gets situated, with some units also needing renovation. Zoned RL-4, Unincorporated Polk County.
Utility Providers - TECO for electric, water and sewer provided by the City of Mulberry. Tenants pay their own electric, Landlord pays water /sewer
Each structure has space for tenant parking. Central fenced trash receptacle on site, and there is a central mailbox area for the tenants.

Property Flyers

Craig Morby 863-581-0059 Saunders Real Estate
Craig Morby 863-581-0059 Saunders Real Estate