$136,000
$134,900
0.8%For more information regarding the value of a property, please contact us for a free consultation.
1155 MEADOWLAWN ST Fort Meade, FL 33841
2,436 SqFt
Key Details
Sold Price $136,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,436 sqft
Price per Sqft $55
Subdivision Meadow Lawn
MLS Listing ID T3291908
Sold Date 03/23/21
Construction Status Inspections,No Contingency
HOA Y/N No
Year Built 1988
Annual Tax Amount $2,609
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 150x120
Property Description
DO NOT DISTURB TENANTS. Very well maintained 3 unit mobile home property. Solid small investment property in Fort Meade. 3 mobile home units on just under a 1/2 acre lot. Mobile homes ages 2006, 2000, 1988. Unit Mix includes one 3 bed / 2 bath, and two 2 bed / 1.5 bath units. Owner has taken great care of these units and rents are below market. Solid investment with upside potential. Current tenants are month-to-month with rents currently at $465/month to $475/month. Rents equate to $0.50 - $0.60/SF per month, which is well below the market average of $0.80 to 0.90/SF per month. These tenants have been in place a long time and the current owner has not raised the rents in years. One unit just became available and rent could easily be bumped to market levels for the new tenant.
Location
State FL
County Polk
Community Meadow Lawn
Zoning RC
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Fireplace false
Appliance Disposal
Exterior
Exterior Feature Lighting, Storage
Utilities Available Electricity Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Structure Type Vinyl Siding
New Construction false
Construction Status Inspections,No Contingency
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with LOKATION
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