2246-2248 Jungle St., Lakeland, FL 33801

2246-2248 Jungle St., Lakeland, FL 33801
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$138,000
Sold on 10/22/19
Beds Baths Sq. Ft. Taxes Built
0.00 1,274 $1,184 1975
On the market: 88 days
View full details, 15 photos, school info, and price history
Turn key duplex in quiet neighborhood. Unit A well maintained by long term tenants and currently rented for $650 per month and currently on month to month lease. Unit B includes updated kitchen cabinets, flooring and appliances and currently rented for $750 per month. New roof installed in 2016. Both units separately metered for electric. Rent can easily be increased to $750 per month in unit A with minimal to no capital expenditures. This affords a pro forma cap rate of over 9% (see attached documents). Do not disturb tenants.
Listing courtesy of Sam Ervin, SOUTH CEDAR REAL ESTATE, INC