875 S Lake Shore Way, Lake Alfred, FL 33850
- $389,900
- 6
- BD
- 3
- BA
- 1,609
- SqFt
- List Price
- $389,900
- Status
- Active
- Days on Market
- 1
- MLS#
- S5154520
- Property Style
- Triplex
- Year Built
- 1945
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 1,609
- Lot Size
- 14,558
- Acres
- 0.33
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Rochelle Terrace
- MLS Area Major
- Lake Alfred
Property Description
Investor Description (Short & Straight to the Point) 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.
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Additional Information
- Taxes
- $4043
- Annual Gross Income
- 68256
- Community Features
- No Deed Restriction
- Zoning
- C-1
- Interior Layout
- Ceiling Fans(s), Open Floorplan
- Interior Features
- Ceiling Fans(s), Open Floorplan
- Utilities
- Cable Available, Electricity Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Stucco
- Exterior Features
- Garden, Private Mailbox, Private Yard, Storage
- Roof
- Shingle
- Foundation
- Basement, Crawlspace
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 26-28-05-525000-002090
- Legal Description
- ROCHELLE TERRACE PB 8 PG 44 BLK 2 LOTS 9 & 10 LESS ST RD 600
Listing courtesy of LA ROSA REALTY LLC. 321-939-3748
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