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301 3rd Terrace, MULBERRY, FL 33860
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301 3rd Terrace
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Would you like to sell your home before you purchase this one?
Priced at Only: $1,700,000
For more Information Call:
Address: 301 3rd Terrace, MULBERRY, FL 33860
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  • MLS#: TB8460905 ( Residential Income )
  • Street Address: 301 3rd Terrace
  • Viewed: 8
  • Price: $1,700,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 6
  • Additional Information
  • Geolocation: 27.8928 / -81.9765
  • County: POLK
  • City: MULBERRY
  • Zipcode: 33860
  • Subdivision: Crigler L N Add
  • Provided by: DIVINE REALTY AND ASSOCIATES LLC
  • Contact: Mendel Friedman
  • 718-954-2278
  • mfrmls
  • DMCA Notice
  • Description
    Income producing multi family property! 12 units total over 6 duplexes generating upwards of 120k annually gross income with potential for over 140k annually. All units have had the interiors updated in the past few years aside from one. Tenants pay all utilities! There are very little fixed expenses. All units have their own HVAC and Washer and Dryer hookups. Many improvements made to the property over the last few years both interior and exterior. Units lease really quickly when vacant. Property is in great location in the heart of Mulberry and just south of Lakeland. Just off route 60 making it easy access to anywhere you need to get to. This property is ready to cash flow for years to come. Sale includes an additional vacant parcel right behind existing structures that can be built on adding additional income.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Living Area: 7584.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Rental Information
  • Tenant Pays: Electricity, Trash Collection, Water
Other Features
  • Country: US
  • Interior Features: Other
  • Legal Description: CRIGLER L N ADD PB 1 PG 43 BLK C LOTS 5 6 LESS N 75 FT & S 25 FT OF W 30 FT OF 7 & 8 N 88 FT OF W 30 FT & LOT 9 W 138.5 FT
  • Levels: One
  • Area Major: 33860 - Mulberry
  • Parcel Number: 23-30-11-156000-009051
  • Possession: Close Of Escrow
  • Zoning Code: R-1
Nearby Subdivisions
Crigler L N Add   Mulberry  
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Headshot for Associate Frank Filippelli
  1. Frank Filippelli, Broker,CDPE,CRS,REALTOR ®
  2. Southern Realty Ent. Inc.
  3. Mobile: 407.448.1042
  4. frank4074481042@gmail.com