$490,000 ($404.96 per sqft)

Pending

Est. Mortgage $2,382/mo *

Quick Pre-Approval

5009 Cimarron DRIVE, Lakeland, FL, 33813

5009 Cimarron DRIVE, Lakeland, FL, 33813

5 beds

1986

1,210 sqft

Under contract-accepting backup offers. Discover an exceptional investment opportunity with this duplex 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.


Status:

Pending

Type:

Multi-family

Laundry Remarks:

Inside

Units:

2

Subdivision:

CIMARRON SOUTH

Heating:

Central

Cooling:

Central Air

Common Charge:

$400 Annually

Acreage:

0.11

Est. Taxes:

$2,728

HOA Fee

$400

Construction

Block, Stucco

Utilities

BB/HS Internet Available, Cable Available

Days on Market:

56

Pet Policy:

Yes

Appliances:

Dryer, Microwave, Refrigerator

MLS #:

L4946245


Community Info

School Info

Walk Score

Yelp



Listing courtesy of BHHS FLORIDA PROPERTIES GROUP Phone: 863-701-2350