Here's a nice concrete block Triplex consisting of 2 bedrooms and 1 bathroom in each unit. Lakeland has a strong rental market and is central to Tampa and Orlando. This property is on central air and heat and connected to city water and sewer. Two of the units are occupied with tenants on month to month leases at $650/month . One unit is currently vacant, and with a light clean up and update should allow the rents to increase to $700-$725 per month. New appliances were just placed in one of the units as well. With minimal work, raised rents, and a new management company, this return could be well over the 12% range at this price.This will be a great rental for any investor. Call your EquityPro Advisor today and set up a showing.
Lakeland Block Triplex
6 bed / 3 bath2,160 sq ft Built in 1978Multi-family
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