302 W Magnolia St., Lakeland, FL 33815

302 W Magnolia St., Lakeland, FL 33815
Photo 1 of 1
$305,000
Sold on 12/02/14
Beds Baths Sq. Ft. Taxes Built
0.00 7,220 $1,212 1920
On the market: 115 days
View full details, 15 photos, school info, and price history
Attention Investors Looking for Cash Flow! Check out this 8 unit apartment building in the heart of beautiful downtown Lakeland, Florida! 

This turnkey investment property has the potential for 15%+ once final 2 units are rented. Walking distance to local elementary school and convenient to bus line, shopping, and dining.

All units have been recently renovated to include kitchens, baths, ceramic tile in kitchen areas, wood laminate flooring, freshly painted throughout, newer plumbing, electric, mechanical and HVAC systems have been updated. (All renovations were permitted.) Each unit is individually metered for electric.

Interior features include 9' ceilings in most units. This property consists of 2 efficiency apartments, (2) 2 bed/1 bath units; (2) 3 bed/1 bath; (1) 4 bed, 1-1/2 bath and (1) 4 bed, 1 bath. 

All units are currently occupied with tenants who have 12 month lease agreements. 

Don't miss out on this fantastic income opportunity. Call today to schedule an appointment to see!