875 S Lake Shore Way, Lake Alfred, FL 33850

$389,900
6
BD
3
BA
1,609
SqFt
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List Price
$389,900
Status
ACTIVE
Days on Market
19
MLS#
S5154520
Subtype
Residential Income
Year Built
1945
Bedrooms
6
Bathrooms
3
Living Area
1,609
Lot Size
14,558
Acres
0.33
Subdivision
Rochelle Terrace
MLS Area Major
Lake Alfred
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Property Description

Investor Description (Short & Straight to the Point) Income-producing property with endless upside! This unique investment features 3 grandfathered rental units generating approximately $5,700/month in rental income. Situated on one of Polk County's highest-traffic corridors, the property offers exceptional visibility, commercial-area potential, and possible billboard income (buyer to verify approvals). Buy below the cost of comparable commercial opportunities and capitalize on multiple future value-add possibilities.

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Additional Information

Interior Features
Ceiling Fans(s), Open Floorplan
Exterior Features
Garden, Private Mailbox, Private Yard, Storage
Financing
Cash, Conventional
Community Features
No Deed Restriction
Zoning
C-1
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Stucco
Exterior Features
Garden, Private Mailbox, Private Yard, Storage
Roof
Shingle
Foundation
Basement, Crawlspace
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Listing courtesy of LA ROSA REALTY LLC. 321-939-3748

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