This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
515 Duchess Court, Lakeland, FL 33803
$395,000
515 Duchess Court, Lakeland, FL 33803View this property at 515 Duchess Court, Lakeland, FL 33803
515 Duchess CourtLakelandFL33803
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Incredible location with serious upside income potential. Quadplex containing 2 units that are 2/1.5 and 2 units are 2/1. Property is block construction and was re-plumbed in 2012. Each unit has a separate electric meter but water is paid by owner. Assigned parking in front with shared private green space for tenants. Includes a coin operated laundry room creating additional income. Each unit is occupied but the tenants are month-to-month or with current lease expiring shortly. With a little work units can rent for so much more. Each unit contains a refrigerator, stove, microwave, ceiling fans and dishwasher. Cap rate currently exceeds 7%. This is a rare opportunity to purchase multi-family block construction units in a highly desirable location.
Full Property Details
Full Property Details for 515 Duchess Ct
General
- Sold For: $395,000
- Taxes: $2,489 (2020)
- Status: Closed
- Type: Multi-Family
- MLS ID: L4922648
- Added to Site: 1, 096 day(s) ago
Interior
- Interior Features: Living Room/Dining Room Combo
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Flooring: Carpet, Ceramic Tile, Vinyl
Rooms
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Other
- Deck/Patio: Porch
Parking
- Parking Features: Assigned
Location
- Area: 33803 - Lakeland
- County: Polk
- Township: 28
- Subdivision: NOT IN SUBDIVISION
- Driving Directions: South on South Florida Avenue to west on Imperial Blvd to north on Duchess Ct.
School Information
- Elementary School: Southwest Elem
- Middle School: Southwest Middle School
- High School: Kathleen High
Community
- Pet Restrictions: Some units have pets per lease.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Utility Description: Cable Connected, Public
Structural Information
- # Buildings: 1
- Construction Status: Completed
- Exterior Const.: Block
- Roof: Built-Up
- Square Feet: 3,304
- Sq. Ft. Source: Public Records
- Year Built: 1972
Unit Information
Unit 1
- Unit Description: 2 Bed/2 Bath
Unit 2
- Unit Description: 2 Bed/2 Bath
Unit 3
- Unit Description: 2 Bed/1 Bath
Unit 4
- Unit Description: 2 Bed/1 Bath
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Street/Road Desc.: Paved
- Lot Features: In City Limits; 0 to less than 1/4
Financial Considerations
- Tax Amount: $2,489
- Tax Year: 2020
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Legal Description: COMM SW COR OF NW1/4 OF SE1/4 RUN N 124.82 FT E 265.16 FT N 45 DEG E 380.37 FT N 45 DEG W 297.37 FT FOR POB CONT N 45 DEG W 75 FT N 45 DEG E 110 FT S 45 DEG E 75 FT S 45 DEG W 110 FT TO POB BEING LOT 4 OF UNRE IMPERIAL SOUTHGATE UNIT II
- Flood Zone Info: X
- Disclosures/Reports: Lead Paint
- APN: 23-28-36-000000-023170
- Property ID: 23-28-36-000000-023170
- Plat: P-81
- Range: 23
- Lot Number: 4
Listed by Straight Up Realty & Pm Llc
Sold by The Shop Real Estate Co.
Get Pre-Approved Today
Schools
Schools serving 515 Duchess Ct
School District:Polk County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2650 Southwest Ave, Lakeland, FL 33803 | PK-5 | 0.9 mi | |
2815 Eden Pkwy, Lakeland, FL 33803 | 6-8 | 0.7 mi | |
1100 Red Devil Way, Lakeland, FL 33815 | 9-12 | 4.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 515 Duchess Ct
Date
Details
Price
Change
Source
6/30/2021
Sold
$395,000
-0.25%
MLS
5/10/2021
Listed
$396,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
515 Duchess Court, Lakeland, FL 33803 (MLS# L4922648) is a Multi-Family property that was sold at $395,000 on June 30, 2021. Want to learn more about 515 Duchess Court? Do you have questions about finding other Multi-Family real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.