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518 N Ohio Ave

Lakeland, FL 33815
  • $439,995
  • STATUS: Active
  • ON SITE: 87 Days
  • ID#: O6241812
UPDATED: 73 min ago
$439,995
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,763
    SQFT
  • $117
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Area:

School Ratings & Info

Description

SELLER IS PAYING $15,000 TOWARDS CLOSING COSTS, PRE-PAIDS, AND OR RATE BUY-DOWNS WITH FULL PRICE OFFER!!! This 3,763 square feet 10-bedroom 3 bathroom renovated home (new flooring, new water heaters, new electrical breakers, new bathroom cabinets, new doors, new paint, etc.) has 4,768 square feet under roof and is ideal for an investor or a home owner. It is a duplex with two separate addresses, two mailboxes, separate parking for both units, and is in a quiet neighborhood with no HOA. The home has a good rental income. Please do not disturb the tenants. Showing can be arranged. As an investor, you can earn $55,796 in gross annual rental income. The 518 N Ohio Ave. unit has 6 bedrooms and 2 bathrooms, has high ceilings and an open floor plan. The first floor has a large kitchen, extra-large living room, dining room, 2 large bedrooms, 1 bathroom, 2 open porches, and plenty of closets. The second floor has three large and one medium bedroom with 1-bathroom, large walk-in closet and attic for storage. This unit is ideal for an owner to live in and rent the other unit to pay off the mortgage. The 704 W Magnolia St. unit has a separate entrance and separate parking and mailbox and has 4 bedrooms, one bathroom, kitchen, living room, hallway, and porch.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-12T10:45:54.407.
www.swflregroup.com/homes/155222006
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518 N Ohio Ave Lakeland, FL 33815

  • Price: $439,995
  • Status: Active
  • On Site: 87 Days
  • Updated: 73 min ago
  • ID#: O6241812
0
Beds
0
Baths
0
½ Baths
0.21
Acres
3,763
SQFT
$117
$/SQFT
1923
Built
Neighborhood:
Bowyers Sub
County:
Polk
Area:
Lakeland
Property Description
SELLER IS PAYING $15,000 TOWARDS CLOSING COSTS, PRE-PAIDS, AND OR RATE BUY-DOWNS WITH FULL PRICE OFFER!!! This 3,763 square feet 10-bedroom 3 bathroom renovated home (new flooring, new water heaters, new electrical breakers, new bathroom cabinets, new doors, new paint, etc.) has 4,768 square feet under roof and is ideal for an investor or a home owner. It is a duplex with two separate addresses, two mailboxes, separate parking for both units, and is in a quiet neighborhood with no HOA. The home has a good rental income. Please do not disturb the tenants. Showing can be arranged. As an investor, you can earn $55,796 in gross annual rental income. The 518 N Ohio Ave. unit has 6 bedrooms and 2 bathrooms, has high ceilings and an open floor plan. The first floor has a large kitchen, extra-large living room, dining room, 2 large bedrooms, 1 bathroom, 2 open porches, and plenty of closets. The second floor has three large and one medium bedroom with 1-bathroom, large walk-in closet and attic for storage. This unit is ideal for an owner to live in and rent the other unit to pay off the mortgage. The 704 W Magnolia St. unit has a separate entrance and separate parking and mailbox and has 4 bedrooms, one bathroom, kitchen, living room, hallway, and porch.
Exterior Features

Carport Yn No Construction Materials StuccoWood Frame Exterior Features Sidewalk Foundation Details Crawlspace Pool Private Yn No Road Surface Type Asphalt Roof MetalShingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances DishwasherDisposalRangeRefrigerator Building Area Total 4788 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring CarpetLaminateTile Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Walk-In Closet(s) Laundry Features Inside Levels Two Sewer Public Sewer Water Source Public

Property Features

Annual Expenses 10240 Annual Net Income 45556 Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease 1-2 Years New Construction Yn No Ownership Fee Simple Property Sub Type Duplex Realtor Info As-Is Senior Community Yn No Special Listing Conditions None Tax Annual Amount 4338 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No Zoning RA-4


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of ELITE INVESTORS REALTY LLC: 407-992-8330.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-12T10:45:54.407.
 
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