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2003 & 2009 N Combee Road

Lakeland, FL 33801

– beds
– baths
2,282 sqft
13,159 sqft lot
$260 per sqft
1962 build
– on site

CASH COW HERE! This incredible FULLY OCCUPIED INCOME PRODUCING PROPERTY is a must-see! With a fantastic 9.98% CAP RATE and 14.15% CASH ON CASH RETURN, this asset offers a reliable source of PASSIVE INCOME for savvy investors. OFFERING MEMORANDUM AVAILABLE VIA EMAIL. FINANCING PACKAGE AVAILABLE for the new buyer. The property consists of a wonderful 3-bedroom SINGLE FAMILY HOME and an attached 3-unit TRIPLEX, providing an excellent potential for substantial revenue. The entire property has undergone a COMPLETE RENOVATION and boasts NEW KITCHENS AND BATHROOMS, a NEW ROOF and NEW SEPTIC TANK, providing ultimate peace of mind for the owner. The ample parking space available on the property is another great feature, making it easy for tenants and guests to have a convenient parking experience. If you're in search of a TURN-KEY investment opportunity, look no further than this exceptional property. Schedule a viewing today and take the first step towards making a wise investment choice!

Listing courtesy of STELLAR_MLS / LPT REALTY, LLC

Last checked: Checking… • Last updated Oct 10, 2024 •

MLS# U8250359 —

The Building

Year Built:

1962
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Membrane
Foundation Details:

Pillar/Post/Pier
Window Features:

Aluminum Frames
# of Buildings:

2
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Ceramic Tile
Fireplace:

false

Room Dimensions

Living Area:

2282
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

FROM I-4 TO SR-33 N TO OLD COMBEE ROAD. FOLLOW TO N. COMBEE ROAD AND MAKE RIGHT. PROPERTY IS ABOUT 1 MILE DOWN ON THE LEFT.
Latitude:

28.071412
Longitude:

-81.907786
Coordinates:

-81.907786, 28.071412

The Property

Parcel Number:

242803000000044220
Property Type:

Residential Income
Property Subtype:

Quadruplex
Property Condition:

Completed
Lot Size Acres:

0.3
Lot Size Area:

13159
Lot Size SqFt:

13159
Lot Size Dimensions:

110 x 120
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RE-1
View:

false
Exterior Features:

Fenced
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Flood Zone Code:

X
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Legal Description:

BEG NW COR OF S1/2 OF SW1/4 OF SW1/4 RUN E 28.41 FT TO E R/W SR33-A S ALONG R/W 22.53 FT TO POB CONT S 110.03 FT TO S LINE N1/5 OF S1/2 OF SW1/4 OF SW1/4 E 120 FT N 110 FT W 120 FT TO POB
Tax Book Number:

P-81
Tax Annual Amount:

7200.77

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/U8250359
Special Listing Conditions:

None

Heating & Cooling

Heating:

Other
Heating:

true
Cooling:

Mini-Split Unit(s)
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Septic Tank

Appliances

Appliances:

Dryer
Laundry Features:

Common Area

Schools

Elementary School:

Philip O’Brien Elementary
Middle Or Junior School:

Crystal Lake Middle/Jun
High School:

Tenoroc Senior

The Community

Subdivision Name:

ACREAGE
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Yes
Pet Restrictions:

Subject to Management approval. Non-refundable pet deposit based on number and breed.
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Driveway

Extra Units

Other Structures:

Storage
# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
8/7/24 Aug 7, 2024	Relisted	STELLAR_MLS	$595,000
7/31/24 Jul 31, 2024	Pending	STELLAR_MLS	$595,000
7/16/24 Jul 16, 2024	Listed / Active	STELLAR_MLS	$595,000

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This multifamily located in Lakeland, FL 33801 is currently for sale for $595,000. 2003 & 2009 N Combee Road is a 2,282 square foot multifamily with – beds and – baths that has been on Estately for 129 days. This multifamily is in the attendance area of Lincoln Avenue Academy, Rochelle School Of The Arts, Tenoroc High School, Winston Academy Of Engineering, Combee Academy Of Design And Engineering, Lawton Chiles Middle Academy, Philip O'Brien Elementary School, Crystal Lake Middle School, and Rosabelle W. Blake Academy.

Listing Courtesy of: STELLAR_MLS and LPT REALTY, LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.