VERY UNIQUE RENTAL PROPERTY OPPORTUNITY! Needs some clean up, but an 20% GROSS ROI gives you room to do just that! It was recently rented, but currently vacant. Potential monthly rents: $3,550! 3/2 single family home $1,200, 3 one-bedroom apartments $650 each, RV storage/parking $100, workshop $300. 3 apartments are above very large garage. You could add more revenue to the property by building out more apartments in the garages. 2nd large garage can easily be rented as workshop space. Garage has an old air compressor for air tools. House on separate electric. Apartments on one electric. All on well/septic. So much potential here! Address is Auburndale, but actually outskirts of Lakeland. VERY convenient close to Polk Parkway/I-4.
Sold for $800,000 on 02/24/23
$800,000
3845 K Ville Ave, Auburndale, FL 33823
--beds
0baths
1,216sqft
Multi-Family
Built in 1947
-- sqft lot
$377,300 Zestimate®
$658/sqft
$1,400 Estimated rent
Owner options
What's special
Originating MLS: Lakeland
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall, Electric
Cooling
- Wall
Features
- Flooring: Tile, Linoleum / Vinyl
- Has fireplace: No
Interior area
- Structure area source: Owner
- Total interior livable area: 1,216 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 0.56 Acres
- Dimensions: 163x150
Details
- Parcel number: 252818346500000240
- Zoning: RE-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-Family
Materials
- masonry
- Foundation: Retaining Wall
- Roof: Shake / Shingle
Condition
- Year built: 1947
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Auburndale
- Subdivision: KOSSUTHVILLE TOWNSITE SUB
Other
Other facts
- Additional Parcels YN: 0
- Country: US
- Fireplace YN: 0
- Listing Service: Full Service
- Listing Terms: Cash, Conventional
- Major Change Type: Pending
- Mls Status: Pending
- New Construction YN: 0
- Ownership: Fee Simple
- Pool Private YN: 0
- Previous Status: Active
- Property Type: Residential Income
- Roof: Shingle
- Syndicate To: Homes.com, HomeSnap, Realtor.com, Zillow/Trulia
- Utilities: Electricity Connected
- Water Access YN: 0
- Water Extras YN: 0
- Waterfront Feet Total: 0
- Waterfront YN: 0
- Water View YN: 0
- Cooling: Wall/Window Unit(s)
- DPRYN: 1
- Flood Zone Code: X
- Heating: Wall Units / Window Unit
- Construction Materials: Block
- Foundation Details: Slab
- Garage YN: 1
- Building Area Source: Owner
- Exterior Features: Other
- Sewer: Septic Tank
- Property Sub Type: Multi-Family
- Total Acreage: 1/2 Acre to 1 Acre
- Public Survey Section: 18
- Year Built: 1947
- Water Source: Well
- Attached Garage YN: 0
- Parking Features: Workshop in Garage
- County Or Parish: Polk
- List Agent AOR: Lakeland
- List AOR: Lakeland
- Public Survey Range: 25
- MLS Area Major: 33823 - Auburndale
- Zoning: RE-2
- Living Area: 1216.00
- Subdivision Name: KOSSUTHVILLE TOWNSITE SUB
- Tax Year: 2019
- Building Area Total: 2336.00
- Lot Size Dimensions: 163x150
- Tax Annual Amount: 1963.53
- Listing terms: Cash, Conventional
- Ownership: Fee Simple
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Estimated market value
$377,300