$293,000
$300,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
2,205 SqFt
SOLD DATE : 03/06/2025
Key Details
Sold Price $293,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,205 sqft
Price per Sqft $132
Subdivision Pineville Sub
MLS Listing ID O6272156
Sold Date 03/06/25
HOA Y/N No
Originating Board Stellar MLS
Year Built 1981
Annual Tax Amount $3,557
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Duplex
Property Description
Introducing a prime investment opportunity at 711 Pineville Rd, Lakeland, FL—a well-maintained duplex offering immediate cash flow and long-term rental potential. This property features two spacious units, each with 2 bedrooms and 1 bathroom, currently occupied under long-term leases. Together, the units generate a total gross rent of $2,565 per month, providing a reliable income stream. Professionally managed and cared for, the duplex has undergone major mechanical updates within the last five years, ensuring peace of mind for its next owner. Conveniently located in the growing Lakeland market, this property offers tenants access to local amenities, schools, and transportation, making it a desirable rental location. Whether you're an experienced investor or just starting to build your portfolio, this turnkey property is an excellent choice for steady cash flow and long-term value. Don't wait to secure this income-producing asset—contact us today for more information or to arrange a private showing.
Location
State FL
County Polk
Community Pineville Sub
Interior
Interior Features Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Sliding Doors
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Schools
Elementary Schools Licoln Avenue Academy
Middle Schools Lawton Chiles Middle
High Schools Kathleen High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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