1805 Reynolds Rd., Lakeland, FL 33801

1805 Reynolds Rd., Lakeland, FL 33801
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$380,000
Sold on 10/18/13
Beds Baths Sq. Ft. Taxes Built
0.00 7,020 $6,204 1971
On the market: 197 days
View full details, 15 photos, school info, and price history
Possible Owner Financing Available!!Owner is Motivated!! 14% Cap Rate!!Excellent Investment with Great Cash Flow!! Immediately start earning a great return on your investment by owning an 18 unit cash flowing property. Gross annual income is $92,160, expenses $31,792, for an annual NOI of $60,368!!! This 1+ Acre property consists of 9 duplexes, for a total of 18 units, each with separate electrical meters. Large paved parking area, common area lighting, some units have been completely remodeled. Some tenants have lived here 30+ years!
Listing courtesy of MAVEN ESTATES, LLC