• 2306 E Magnolia Street LAKELAND, FL 33801

  • $125,000
  • 2
    Bed(s)
  • 1
    Baths
  • 480
    Sq Ft
  • 0.16
    Acre
  • Listed By: S & D REAL ESTATE SERVICE LLC
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

"Cash Flow Carnival - Double Trouble Edition! Are you ready to dive into the thrilling world of real estate, where adventure and cash collide? Behold, the Investor Special of your wildest dreams – not one, but TWO mobile homes on a single lot! Now, we know what you're thinking, "Double the trouble, double the fun!" These homes are already in high demand, playing host to month-to-month tenants. But wait, there's more! These homes come with their very own makeover story. Picture it: HGTV meets a mobile home marathon. Renovation enthusiasts, prepare for your ultimate challenge! Both homes are in desperate need of some TLC, but don't worry, we've heard that paintbrushes and power tools make great companions. Now, let's talk numbers. You're not just buying a couple of homes; you're buying a golden ticket to financial freedom! With a staggering 13 cap rate, this investment is like hitting the jackpot at the real estate casino. Cash flow galore, baby! But here's the kicker, folks – to join the Cash Flow Carnival, you must bring one guest, and that guest is none other than Mr. Cash himself! That's right, you'll need to pay cash to play, but trust us, it'll be the best money you ever spend. So, if you're ready to embrace the wild, wacky world of mobile homes, tenants with stories for days, and a chance to make your cash work harder than ever, this Investor Special is calling your name. But remember, this isn't just an investment; it's a front-row seat to the greatest show on earth – the Cash Flow Carnival!"

Property Type :

Residential

Subdivision :

Country Club Estates Sub

County :

Polk

Style :

Residential

Property Details

 

Bedroom Information

Total Bedroom: 2

Bathroom Information

Total Baths: 1

Full Baths: 1

Interior Features

Other

Roof : Metal

Appliances : Range, Refrigerator

Roofing Information

Metal

Flooring Information

Flooring : Other

Construction Materials : Other

Heating & Cooling

Heating: Other, Wall Units / Window Unit

Cooling: Wall/Window Unit(s)

WaterSource: Public

Building Information

Year Built: 1968

Exterior Features

Other

Construction Materials: Other

Foundation Details: Crawlspace

Lot Information

Lot Square Feet: 6882

Lot Acres: 0.16

Lot Size (SqMt): 639

Property Information

Property Type: Residential

Sub Type: Mobile Home - Pre 1976

Listing Price Information

Original List Price: $125000

Tax Information

Tax Block: 3

Tax Book Number: 7-10

Tax Lot: 22

Tax Legal Description: COUNTRY CLUB ESTATES SUB PB 7 PG 10 BLK 3 LOT 22 E1/2 OF S1/2

Annual Tax: $1619

Tax Year: 2022

Parcel Number: 24-28-16-186000-003222

Utility Information

Electricity Connected

Sewer: Septic Tank

Water Source: Public

Location Information

Subdivision: COUNTRY CLUB ESTATES SUB

City: LAKELAND

Direction: Head south on Combee, turn on Magnolia, house is on right. Sign out front

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Woodland Avenue, Lakeland, FL,33801 $175,000 -- -- 82,764 1.9 Acres
1880 N Crystal Lake Dri.., Lakeland, FL,33801 $245,900 2 2 1,960 0.03 Acre
U S Hwy 542, Lakeland, FL,33801 $163,250 -- -- 75,440 1.35 Acres
3574 Lazy Lake Drive, Lakeland, FL,33801 $589,999 3 2 2,880 3.63 Acres
1703 E Fern Road, Lakeland, FL,33801 $230,000 4 3 1,690 0.27 Acre
439 Longfellow Boulevard, Lakeland, FL,33801 $219,900 3 1 988 0.28 Acre
1525 Fish Hatchery Road, Lakeland, FL,33801 $1,853,680 -- -- 859,060 19.72 Acres
2254 Burns Street, Lakeland, FL,33801 $183,900 2 2 1,116 0.24 Acre
2522 S Crystal Lake Drive, Lakeland, FL,33801 $299,900 3 1 1,240 0.55 Acre
310 S Eastside Drive, Lakeland, FL,33801 $365,000 5 2 1,728 0.34 Acre

Disclaimer: The information being provided courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theMFRMLS (My Florida Regional MLS DBA Stellar MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MFRMLS (My Florida Regional MLS DBA Stellar MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 04/29/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 04/29/2024 @ 18:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


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ByOwner last updated this listing 04/29/2024 @ 18:20

MLS: MFRMLS #L4939580
LISTED BY: Jennifer Ketchum, S & D REAL ESTATE SERVICE LLC
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 3%-$295
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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