Mulberry, FL 33860,3620 & 3622 WILLOW OAK
Mulberry, FL 33860,3620 & 3622 WILLOW OAK
Mulberry, FL 33860,3620 & 3622 WILLOW OAK
9
$155,000
$179,900
13.8%
Est.Price: ?

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1,050 SqFt

3620 & 3622 WILLOW OAK Mulberry, FL 33860

Est. payment /mo
SOLD DATE : 09/09/2020

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Key Details

Sold Price $155,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,050 sqft

Price per Sqft $147

Subdivision Not In A Subdivision

MLS Listing ID T3249506

Sold Date 09/09/20

Construction Status Financing

HOA Y/N No

Year Built 1988

Annual Tax Amount $677

Lot Size 10,890 Sqft

Acres 0.25

Property Description

Fantastic Opportunity with 2 bedroom / 2 bath Duplex units that could each become 3 bedroom units that rent at $730/m now and could bring a higher rent up to $1000/m with improvements. ADDITIONAL DUPLEX BEHIND THIS ONE AVAILABLE FOR SALE. Rents are consistent with long term tenants in place. There is a 2nd Duplex on the adjacent property also for sale. WELL & SEPTIC systems in place for even lower monthly costs for tenants, all in great working order. The units passed a 4 point inspection in 2019 and carry low insurance costs with liability. New Electric panel on 3620 in 2019. New roof on both units in 2018. Current cap rate at 9% with potential to improve to 12% if improvements are made. Tenant pays electric. No HOA , No Deed Restrictions.

Location

State FL

County Polk

Community Not In A Subdivision

Interior

Heating Central

Cooling Central Air

Fireplace false

Exterior

Exterior Feature Sliding Doors

Utilities Available Cable Available

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 Acre to 21779 Sq. Ft.

Sewer Septic Tank

Water Well

Structure Type Wood Frame

New Construction false

Construction Status Financing

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by BLUE SUN REALTY
Bought with BLUE SUN REALTY

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Linda O'Hara

Linda's Team | License ID: CT: 63231 & FL: 3458431

+1(860) 209-7044

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