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3206 Waldrup Lane

Lakeland, FL 33810
  • $179,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: O6025296
UPDATED: 230 min ago
$179,000
  • 11
    BEDS
  • 0.68
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 2,688
    SQFT
  • $67
    $/SQFT
Neighborhood:
Type:
Manufactured Home
Built:
1972
County:
Area:

School Ratings & Info

Description

Small 5 unit Mobile Home Park available for sale. This is a great rental property waiting to be cleaned and rented. Sitting on .67 acres in a great area sits 5 lots with their own septic, well, and electric pole with meter. 4 mobile homes with 1 vacant lot. All 4 mobile homes are single wide homes. 3 of the mobile homes are 3 bedroom 1.5 bathrooms. Each of the units inside needs repairs to get rent ready. There currently is 1 renter who has been living on the property for 17 years pays rent and will vacate or continue renting. RENTERS ARE IN HIGH DEMAND FOR THIS AREA!!! Similar units market rent for the area is between $900 to $1,000 per month. We have been in contact with Polk County Housing Authority and they have a waiting list of ones who are ready to get into a place asap, With the high demand for rentals in Polk county and limited affordable housing made available this is a charm of an investment. According to the U.S. Department of Housing and Urban Development, 2021 Fair Market Rents states The HUD Fair Market Rent for a 2 bedroom is $1,056 a month for a 2 bedroom and $1,418 for a 3 bedroom. These 4 units have the potential to bring in excess of $4,000 per month and room to add another unit or rent for lot rent $500 per month. The units do need repairs and updating but very simple to fix. Buy for 175k Invest 50k improvements - generate $4,500 a month in rental income with 5 lots minus expenses can put a buyer over a 20% return annually! This deal wont last long!!!

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© 2022 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 2022-05-27T23:43:33.92.
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3206 Waldrup Lane Lakeland, FL 33810

  • Price: $179,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 230 min ago
  • MLS #: O6025296
11
Beds
7
Baths
0
½ Baths
0.68
Acres
2,688
SQFT
$67
$/SQFT
1972
Built
Neighborhood:
Not In Subdivision
County:
Polk
Area:
Lakeland
Property Description
Small 5 unit Mobile Home Park available for sale. This is a great rental property waiting to be cleaned and rented. Sitting on .67 acres in a great area sits 5 lots with their own septic, well, and electric pole with meter. 4 mobile homes with 1 vacant lot. All 4 mobile homes are single wide homes. 3 of the mobile homes are 3 bedroom 1.5 bathrooms. Each of the units inside needs repairs to get rent ready. There currently is 1 renter who has been living on the property for 17 years pays rent and will vacate or continue renting. RENTERS ARE IN HIGH DEMAND FOR THIS AREA!!! Similar units market rent for the area is between $900 to $1,000 per month. We have been in contact with Polk County Housing Authority and they have a waiting list of ones who are ready to get into a place asap, With the high demand for rentals in Polk county and limited affordable housing made available this is a charm of an investment. According to the U.S. Department of Housing and Urban Development, 2021 Fair Market Rents states The HUD Fair Market Rent for a 2 bedroom is $1,056 a month for a 2 bedroom and $1,418 for a 3 bedroom. These 4 units have the potential to bring in excess of $4,000 per month and room to add another unit or rent for lot rent $500 per month. The units do need repairs and updating but very simple to fix. Buy for 175k Invest 50k improvements - generate $4,500 a month in rental income with 5 lots minus expenses can put a buyer over a 20% return annually! This deal wont last long!!!
Exterior Features

Carport Yn No Construction Materials Other Covered Spaces 0 Direction Faces Northeast Exterior Features Storage Foundation Details Slab Mobile Body Type Single Wide Open Parking YN No Pool Private Yn No Road Surface Type Other Roof Metal Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances None Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Yn No Flooring Carpet Heating Central Heating YN Yes Interior Features Other Levels One Room Count 4 Rooms Master Bedroom Living Room Great Room Kitchen Sewer Septic Tank Water Source Well

Property Features

Association Yn No Cdd Yn No Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN No Listing Terms Cash New Construction Yn No Ownership Fee Simple Property Description Out Of M/H Community Property Sub Type Mobile Home Senior Community Yn No Special Listing Conditions None Tax Annual Amount 2800 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity AvailableElectricity ConnectedWater Available Zoning Rc


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Beycome Of Florida Llc.



© 2022 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 2022-05-27T23:43:33.92.
 
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