Historical Multifamily Sale Listing - Orange St. E.

Multifamily For Sale

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Orange St. E.

725 Orange St. E., Lakeland, FL 33801

N/A

12 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
12
Building Size:
9,927 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
3%
Lot Size:
1.39 AC
APN / Parcel ID:
24 28 18 209500 000010
Zoning Description:
MF-22
Listing ID
15712317
Last Updated
over 1 year ago

Utilities

  • Electricity/Power - Lakeland Electric
  • Water - City of Lakeland
  • Telephone - Verizon
  • Cable - Bright House

Highlights

  • High Density
  • Downtown Area
  • Garden District

Description

BRAND NEW PRICE! / OWNER WILL CONSIDER FINANCING / GREAT RE-DEVELOPMENT OPPORTUNITY. Situated in the Garden District of downtown Lakeland, this 1.39 acre piece is ideally suited for a multi-family or mixed use development. Zoning is MF-22. The property currently has 2 buildings containing 12 apartments, 6 of which are rented and generates $39,000.00 of annual revenue. The property offers an opportunity to expand/renovate the existing rental buildings or to do a complete redevelopment in line with the city's plan for this area. Sale includes five (5) parcels: #24 28 18 209500 000010; #24 28 18 209500 000040; #24 28 18 209500 000052; #24 28 18 205000 023031 & #24 28 18 205000 023240.

The property is across the street from beautiful Hollis Gardens. It is within walking distance of the downtown area with its restaurants and night club spots.

Map of 725 Orange St. E., Lakeland, FL 33801 (Polk County)

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