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Off-Market$241K spread
+27 photos
Polk County · Lakeland, FL 33805
HOT 🔥SUBTO 2.75% INTEREST RATE🔥 DUPLEX | LAKELAND FL
$30,000
$241K spread
About this property
This vacant up/down duplex features a 2 bed / 1 bath unit and a 1 bed / 1 bath unit across 1,392 sqft on a 9,448 sqft double lot, built in 1935. The deal includes taking over an existing mortgage at a 2.75% interest rate with a loan balance of ~$145,000 and monthly PITI of $1,130.56, requiring a $30,000 total price with a $25,000 entry fee plus closing costs and title. Interior renovation is estimated at $50,000, supporting an ARV of $271,000+.
Property snapshot
Layout3 Bed / 2 Bath
Living area1,392 sq ft
Year built1951
Property typeMulti-Family
CountyPolk County
Deal details
Asking price$30,000
ARV estimate$271,000
Spread (ARV − asking)$241,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134
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