Price Reduced 17.65%
Price History
$1,700,000
1/5/2026
$1,649,999
2/25/2026
$1,599,999
3/1/2026
$1,499,999
3/12/2026
$1,409,999
3/20/2026
$1,399,999
3/24/2026
301 SW 3RD TERRACE, Mulberry, FL, 33860
0 beds
1950
7,584 sqft
MAJOR PRICE REDUCTION!! SELLER MOTIVATED! Income producing multi family property! 12 units total over 6 duplexes generating upwards of 120k annually gross income with potential for over 140k annually. All units have had the interiors updated in the past few years aside from one. Tenants pay all utilities! There are very little fixed expenses. All units have their own HVAC and Washer and Dryer hookups. Many improvements made to the property over the last few years both interior and exterior. Units lease really quickly when vacant. Property is in great location in the heart of Mulberry and just south of Lakeland. Just off route 60 making it easy access to anywhere you need to get to. This property is ready to cash flow for years to come. Sale includes an additional vacant parcel right behind existing structures that can be built on adding additional income.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Units:
12
Subdivision:
CRIGLER L N ADD
Heating:
Central
Cooling:
Central Air
Lot Size:
138 x 125
Acreage:
0.79
Est. Taxes:
$15,236
Construction
Block
Utilities
Electricity Available, Public
Days on Market:
78
MLS #:
TB8460905
Community Info
School Info
Walk Score
Yelp
Listing courtesy of DIVINE REALTY AND ASSOCIATES LLC 718-954-2278