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Additional details
$ 775,000
Est. payment | /mo
3,100 SqFt
$ 775,000
Est. payment | /mo
3,100 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $250
Subdivision Mrs F W Inmanns Sub
MLS Listing ID P4931767
HOA Y/N No
Originating Board Stellar MLS
Year Built 1954
Annual Tax Amount $1,824
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Investment Property Listing: Versatile Multi-Unit Lakeside Investment
This lakeside investment property features a diverse mix of units, making it an excellent opportunity for generating rental income. Here’s what the property includes:
Efficiency Units:
-4 Efficiency Units: Each efficiency unit offers a single room with a private bath, equipped with a small kitchen sink, refrigerator, and microwave.
-Lake Views: Two of these units provide beautiful lake views. These bathrooms, which are not remodeled, feature a tub and shower combination with a linen closet. Each efficiency is approximately 275 square feet.
Studio Unit:
-Spacious Studio: The studio unit includes a combined living room and bedroom area, a bathroom with a shower, and a dining kitchen combo with a large pantry area that houses the AC compressor. This unit offers approximately 500 square feet of living space.
Downstairs Unit:
-Expansive Living Space:The downstairs unit spans approximately 1,500 square feet and includes two bedrooms, one bathroom with a shower, and a kitchen outfitted with an electric stove and refrigerator.
-Living & Entertainment: The large living room features built-in cabinets, and there is an additional game room area, serving as an extension to the living space.
-Private Outdoor Space: The unit is cooled by three window AC units and includes a private deck overlooking the lake, providing a perfect spot to relax and enjoy the serene views.
This property’s blend of efficiency units, a studio, and a spacious downstairs unit offers a variety of living arrangements, catering to different tenant needs while maximizing rental potential. The lakeside setting adds to the property's appeal, making it an attractive investment option.
Investment Property Listing: Versatile Multi-Unit Lakeside Investment
This lakeside investment property features a diverse mix of units, making it an excellent opportunity for generating rental income. Here’s what the property includes:
Efficiency Units:
-4 Efficiency Units: Each efficiency unit offers a single room with a private bath, equipped with a small kitchen sink, refrigerator, and microwave.
-Lake Views: Two of these units provide beautiful lake views. These bathrooms feature a tub and shower combination with a linen closet. Each efficiency is approximately 275 square feet.
Studio Unit:
-Spacious Studio: The studio unit includes a combined living room and bedroom area, a bathroom with a shower, and a dining kitchen combo with a large pantry area that houses the AC compressor. This unit offers approximately 500 square feet of living space.
Downstairs Unit:
-Expansive Living Space:The downstairs unit spans approximately 1,500 square feet and includes two bedrooms, one bathroom with a shower, and a kitchen outfitted with an electric stove and refrigerator.
-Living & Entertainment: The large living room features built-in cabinets, and there is an additional game room area, serving as an extension to the living space.
-Private Outdoor Space: The unit is cooled by three window AC units and includes a private deck overlooking the lake, providing a perfect spot to relax and enjoy the serene views.
This property’s blend of efficiency units, a studio, and a spacious downstairs unit offers a variety of living arrangements, catering to different tenant needs while maximizing rental potential. The lakeside setting adds to the property's appeal, making it an attractive investment option.
This lakeside investment property features a diverse mix of units, making it an excellent opportunity for generating rental income. Here’s what the property includes:
Efficiency Units:
-4 Efficiency Units: Each efficiency unit offers a single room with a private bath, equipped with a small kitchen sink, refrigerator, and microwave.
-Lake Views: Two of these units provide beautiful lake views. These bathrooms, which are not remodeled, feature a tub and shower combination with a linen closet. Each efficiency is approximately 275 square feet.
Studio Unit:
-Spacious Studio: The studio unit includes a combined living room and bedroom area, a bathroom with a shower, and a dining kitchen combo with a large pantry area that houses the AC compressor. This unit offers approximately 500 square feet of living space.
Downstairs Unit:
-Expansive Living Space:The downstairs unit spans approximately 1,500 square feet and includes two bedrooms, one bathroom with a shower, and a kitchen outfitted with an electric stove and refrigerator.
-Living & Entertainment: The large living room features built-in cabinets, and there is an additional game room area, serving as an extension to the living space.
-Private Outdoor Space: The unit is cooled by three window AC units and includes a private deck overlooking the lake, providing a perfect spot to relax and enjoy the serene views.
This property’s blend of efficiency units, a studio, and a spacious downstairs unit offers a variety of living arrangements, catering to different tenant needs while maximizing rental potential. The lakeside setting adds to the property's appeal, making it an attractive investment option.
Investment Property Listing: Versatile Multi-Unit Lakeside Investment
This lakeside investment property features a diverse mix of units, making it an excellent opportunity for generating rental income. Here’s what the property includes:
Efficiency Units:
-4 Efficiency Units: Each efficiency unit offers a single room with a private bath, equipped with a small kitchen sink, refrigerator, and microwave.
-Lake Views: Two of these units provide beautiful lake views. These bathrooms feature a tub and shower combination with a linen closet. Each efficiency is approximately 275 square feet.
Studio Unit:
-Spacious Studio: The studio unit includes a combined living room and bedroom area, a bathroom with a shower, and a dining kitchen combo with a large pantry area that houses the AC compressor. This unit offers approximately 500 square feet of living space.
Downstairs Unit:
-Expansive Living Space:The downstairs unit spans approximately 1,500 square feet and includes two bedrooms, one bathroom with a shower, and a kitchen outfitted with an electric stove and refrigerator.
-Living & Entertainment: The large living room features built-in cabinets, and there is an additional game room area, serving as an extension to the living space.
-Private Outdoor Space: The unit is cooled by three window AC units and includes a private deck overlooking the lake, providing a perfect spot to relax and enjoy the serene views.
This property’s blend of efficiency units, a studio, and a spacious downstairs unit offers a variety of living arrangements, catering to different tenant needs while maximizing rental potential. The lakeside setting adds to the property's appeal, making it an attractive investment option.
Location
State FL
County Polk
Community Mrs F W Inmanns Sub
Direction NW
Interior
Cooling Central Air, Wall/Window Unit(s)
Exterior
Waterfront Description Lake
View Y/N Yes
Water Access Yes
Water Access Desc Lake,Lake - Chain of Lakes
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Structure Type Block
New Construction false
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Listed by CENTURY 21 MYERS REALTY
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