Discover an exceptional investment opportunity located in the sought-after Cimarron South Subdivision of South Lakeland. Unit 5009 provides three bedrooms and two bathrooms, while Unit 5011 offers two bedrooms and two bathrooms. Both units boast recent upgrades, making them a turnkey investment for savvy buyers. The recent renovations will impress prospective tenants and ensure a profitable return on investment. In 2021, a new roof was installed, providing long-lasting protection and mitigating any potential future expenses. The introduction of tile flooring throughout both units adds an elegant and low-maintenance touch. The new HVAC systems installed in 2021 will not only provide comfort to tenants but also contribute to energy efficiency. Furthermore, both units have been freshly painted inside and out in 2021, creating a refreshing atmosphere that prospective tenants will appreciate. Additionally, new blinds have been installed to enhance privacy and aesthetics. Unit 5009 benefits from another significant upgrade: new double-paned windows installed throughout by the reputable company Window World. This feature adds value and insulation, ultimately reducing energy costs for both tenants and the landlord. Both units are currently tenant-occupied, providing an immediate income to the new owner and eliminating the need for advertising and tenant screening. The stability of current leases ensures consistent cash flow without the typical initial challenges of finding reliable renters. Located in a close proximity to various shopping centers, eateries, and other amenities. Tenant occupancy provides immediate income, while the convenient location adds to the property’s appeal. Don’t miss out on the chance to add this exceptional investment property to your portfolio in the vibrant South Lakeland area.
Property Details
Price:
$490,000
MLS #:
L4946245
Status:
Active
Beds:
5
Baths:
4
Address:
5009 CIMARRON DRIVE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
CIMARRON SOUTH
Neighborhood:
33813 – Lakeland
City:
LAKELAND
Listed Date:
Jul 18, 2024
State:
FL
Finished Sq Ft:
1,320
Total Sq Ft:
1,320
ZIP:
33813
Lot Size:
4,866 sqft / 0.11 acres (approx)
Year Built:
1986
Units:
2
Schools
Interior
Appliances
Dryer, Microwave, Refrigerator
Cooling
Central Air
Flooring
Tile
Heating
Central
Laundry Features
Inside
Exterior
Construction Materials
Block, Stucco
Exterior Features
Other, Sliding Doors
Roof
Shingle
Financial
HOA Fee
$400
HOA Frequency
Annually
HOA Name
CIMARRON HOMEOWNERS ASSOCIATION
Tax Year
2023
Taxes
$2,728
Map
Community
- Address5009 CIMARRON DRIVE LAKELAND FL
- SubdivisionCIMARRON SOUTH
- CityLAKELAND
- CountyPolk
- Zip Code33813
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Courtesy of BHHS FLORIDA PROPERTIES GROUP. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
5009 CIMARRON DRIVE
LAKELAND, FL
LIGHTBOX-IMAGES