April Barra
BEDS8
BATHS
SQUARE FEET1,938
MLS#L4965785
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLAKE GIBSON VILLAS
Property Description
EXCELLENT INVESTMENT OPPORTUNITY IN GROWING NORTH LAKELAND! Don't miss this opportunity to acquire TWO well-maintained, income-producing concrete block duplexes at 822/824 and 830/832 Shirley Ann Trail, Lakeland, FL 33809! Together, these properties offer FOUR spacious 2-bedroom, 2-bathroom rental units, all currently occupied, generating $5,245 in monthly rental income and $62,940 in annual gross rental income! At a combined asking price of $699,800, this represents an attractive 9.0% GROSS ANNUAL RENTAL YIELD based on current rents, before operating expenses! Current monthly rents are $1,400, $1,400, $1,295, and $1,150, offering investors established income from day one. The duplex at 822/824 features a newer 2025 architectural shingle roof, fresh interior and exterior paint, and durable tile flooring throughout. The adjoining duplex at 830/832 will have a NEW ROOF installed prior to closing, providing additional value and peace of mind! Conveniently located in desirable North Lakeland, just minutes from I-4 with easy access to Tampa and Orlando, these properties are also close to US Highway 98 North, Walmart, shopping, restaurants, public transportation, and major employment centers. Lakeland continues to attract residents and businesses thanks to its strategic Central Florida location, expanding employment opportunities, and ongoing economic development, making it an attractive market for real estate investors. With established rental income, a history of long-term tenant renewals, and significant recent improvements, this is an excellent opportunity to expand your investment portfolio! IMPORTANT: BOTH DUPLEXES ARE BEING SOLD TOGETHER AS A FOUR-UNIT INVESTMENT PACKAGE. SELLER WILL NOT SELL THE PROPERTIES INDIVIDUALLY. Whether you're an experienced investor looking to expand your portfolio or seeking your next income-producing property, this opportunity deserves your attention! CALL TODAY for additional information, rental details, and an opportunity to make these FOUR income-producing units yours!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.54 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $9,587
Year Built: 1978
Amenities
Ceiling Fans(s)
Living Room/Dining Room Combo
Thermostat
Private Mailbox
Feature Descriptions
Annual Net Income: 44335.00
Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Range Hood, Refrigerator
Community Features: Street Lights
Days on Site: 5
Directions: From US 98 North and E Daughtery Road, go West on Daughtery Road to Norton Road. Turn North (left) on Norton to Shirley Ann Trail on the left and drive to property on the left.
Exterior: Block, Concrete, Stucco
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Block, Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Lot: Cul-De-Sac, In County, Landscaped, Paved
Lot Dimensions: 0.54
Ownership: Fee Simple
Parking: Driveway
Parking Notes: Driveway
Patio/Porch: Front Porch, Porch
Pets Allowed: Cats OK, Dogs OK
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Tank
Showing Instructions: Appointment Only, Call Listing Agent, Text List Agent
Special Sale Provisions: None
Utilities: Cable Available, Electricity Connected, Public
Water: Public
Water Access Y/N: No
Zoning: R-2
Listed By / Shown By
Listed By
Agency Name: LAKELAND HOMES AND REALTY, LLC
Agency Contact: 863-248-7260
Shown By
Agent Name: April Barra
Agent Phone: (813) 404-7992
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 2,494.27 per month $1,498.92 Principal & Interest $798.92 Property Tax $196.44 Homeowner's InsuranceChange Payment Information
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822 & 830 Shirley Ann Trail | MLS# L4965785
This multi-family property located at 822 & 830 Shirley Ann Trail, Lakeland, FL 33809 is currently listed for sale with an asking price of $673,500. Search Lakeland real estate on www.aprilbarrarealestate.com today.