875 S LAKE SHORE WAY Lake Alfred, FL 33850
6 Beds
3 Baths
1,609 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,609 sqft
Price per Sqft $242
Subdivision Rochelle Terrace
MLS Listing ID S5154520
Bedrooms 6
HOA Y/N No
Year Built 1945
Annual Tax Amount $4,043
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 100x145
Property Sub-Type Triplex
Source Stellar MLS
Property Description
Income-producing property with endless upside! This unique investment features 3 grandfathered rental units generating approximately $5,700/month in rental income. Situated on one of Polk County's highest-traffic corridors, the property offers exceptional visibility, commercial-area potential, and possible billboard income (buyer to verify approvals). Buy below the cost of comparable commercial opportunities and capitalize on multiple future value-add possibilities.
Location
State FL
County Polk
Community Rochelle Terrace
Area 33850 - Lake Alfred
Zoning C-1
Interior
Interior Features Ceiling Fans(s), Open Floorplan
Heating Central
Cooling Central Air
Fireplace false
Laundry Laundry Room
Exterior
Exterior Feature Garden, Private Mailbox, Private Yard, Storage
Utilities Available Cable Available, Electricity Available
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Basement, Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Stucco
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Nearby Locations