$219,900 Income producing property!!! 2/1 Duplex plus cottage!

2915 S Lincoln Ave, Lakeland, FL 33803

$299,000 After Repair Value -
$219,900 Asking Price -
$30,000 Cost of Repairs =
$49,100 Potential Profit

Property Details

Asking Price $219,900

After Repair Value $299,000

Costs of Repairs $30,000

Potential Profit $49,100

Living Area 2643 ft2

Property Type Multiple / Combo

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent Yes

Property Description

INVESTOR, INVESTOR, INVESTOR OPPURTUNITY!!! Awesome chance to own a CONER LOT across a children\'s school. The property is a duplex with a cottage/single family home in the back. The two front units are, 2/1, 2/1 (Parcel ID - - - ) and cottage - Parcel ID - - - , 2/1. The cottage is leased on a month to month lease. The units needs some work but is has been approximately 75% done. This property has GREAT potential to bring in a monthly income for the right buyer! All measurements are approximate and should be verified by buyer. May be eligible for renovation financing (203K). The property sells \"As Is\".

Repairs Needed

Drywall, painting, kitchen cabinets, appliances needed, wiring, carpet.


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