Discover a compelling investment opportunity with two duplexes (four units total) at 910/908/902/904 Castleway in South Central Lakeland, FL. Situated near South Florida Avenue and Edgewood Drive, these conveniently located properties offer easy access to Polk Parkway, Lakeside Village Shopping Mall, and various amenities, enhancing tenant appeal. The 910/908 duplex has been upgraded with new tile floors, modern white cabinetry, and stainless-steel appliances, while units 902/904 present an opportunity for value-add through renovations. Each unit, approximately 1,131 square feet, includes an assigned carport and additional parking, generating a total of $53,000 in gross annual income against $8,664 in expenses. Sold together (parcels 23-28-25-136610-000230 & 23-28-25-136610-000220), this investment offers both current returns and potential for future growth.
Sold for $650,000
Zillow last checked:
Listing updated:
Bought with:
Maria Torres Beltran, 3402170
CENTURY 21 NEXT LEVEL REALTY
Source: Stellar MLS,MLS#: L4942603
Originating MLS: Lakeland
Originating MLS: Lakeland
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2024 | Sold | $650,000-5.7%$144/sqft |
Source:  Stellar MLS #L4942603 Report a problem | ||
| 3/16/2024 | Pending sale | $689,000$152/sqft |
Source: Stellar MLS #L4942603 Report a problem | ||
| 3/6/2024 | Listed for sale | $689,000+76.9%$152/sqft |
Source: Stellar MLS #L4942603 Report a problem | ||
| 2/20/2024 | Listing removed | -- |
Source: Stellar MLS #L4942603 Report a problem | ||
| 2/14/2024 | Listed for sale | $389,500$86/sqft |
Source: Stellar MLS #L4942603 Report a problem | ||
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Estimated market value
$689,100
