Incredible Investment Opportunity!!! This is a Fully Occupied Block Duplex with a metal roof that is currently leased at full market rent! This property has great tenants in place paying $1,375 per month PER SIDE and one of the tenants has been there for 12 years already! This means the property is actively producing $33,000 in gross rent per year with 11 months left on each lease!!! The cashflow opportunity on this investment is amazing! This property has been consistently updated and features concrete block construction, a metal roof, one brand new AC unit and the other just a couple years old, one brand new water heater and one a year old, tile floors in the main living areas with new Luxury Vinyl Planks flooring in one set of bedrooms and carpet in the other. Both units feature dedicated driveways with ample parking space, dedicate sidewalks and each unit has a large covered back porch and enclosed laundry room. Both back porches overlook a massive and completely private fenced back yard with newer privacy fences. These are some of the biggest yards available for rental units in Lakeland which keeps them in high demand and max market rent prices. This is a rare opportunity for a new or seasoned investor to step into a ready made cash-flowing investment leveraging cash or financing! Schedule your private viewing to get a shot at this property while it is still available!
Sold for $335,000 on 05/31/23
$335,000
3706 Rose Rd, Lakeland, FL 33810
4beds
2baths
1,296sqft
Duplex, Multi Family
Built in 1977
-- sqft lot
$331,700 Zestimate®
$258/sqft
$1,818 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 04, 2023 at 07:00pm
Listing Provided by:
Ben Becton 863-617-0232,
KELLER WILLIAMS REALTY SMART 863-577-1234
Bought with:
Steven Horner, 3262014
RE/MAX PRIME PROPERTIES
Source: Stellar MLS,MLS#: L4936705
Originating MLS: Lakeland

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- None
Cooling
- Central Air
Features
- Other
- Has fireplace: No
Interior area
- Total structure area: 1,410
- Total interior livable area: 1,296 sqft
Property
Features
- Fencing: Fenced
Lot
- Size: 0.32 Acres
Details
- Parcel number: 232733000000033043
- Zoning: R-2
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Lakeland
- Subdivision: TABOR ESTATES
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt
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Estimated market value
$331,700