$175,000
For Sale

161 BROOKS ROAD

Frostproof, FL 33843
1642 sqft | 3 beds | 1 bath | 0.30 acres | #S5110363
Browse 21 photos
Type:Purchase
Structure:House
Zone:Residential

Description

CASH FLOWING SINGLE FAMILY RENTAL PROPERTY. Investment Highlights: Turn-key investment, Immediate income generation with a lease in place until March 31st, 2025. Fully renovated in 2020, Includes a new kitchen, water heater, ceiling fans, interior and exterior paint. A new roof was installed in 2022, with a 30-year lifespan. Modern appliances, new refrigerator added in 2023, with other appliances being new or newer. Property Features: an open concept kitchen-living room with 3 bedrooms, and 1 bathroom; Durable 1960s masonry block home with sturdy interior walls; No HOA - Reducing monthly expenses for the investor; Relatively Low property taxes - Enhances net income; situated in desirable Polk County. Property also features over a quarter-acre corner lot with large front and back yards, covered carport and an interior laundry room, private well with a water softener and septic system. Investment Potential: increased rent in the future; proven track record of rental income; steadily growing renters market. This property is a strong candidate for investors looking for a hassle-free investment with a good return potential.

  • Interior Details
      • InteriorCeiling Fans(s), Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermosta
    • Beds & Baths
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Lot DescriptionCorner Lot, In County
      • Exterior MaterialsPrivate Mailbox
    • Measurements
      • Square Feet1642
      • Acres0.3
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1962
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesBB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available
      • Sewer InformationSeptic Tank
      • Utility SourceWell
  • Community and Neighborhood Details
      • SubdivisionUNICORPORATED
    • Location
      • High SchoolFrostproof Middle - Senior High
      • Elementary SchoolBen Hill Griffin Elem
      • Middle SchoolFrostproof Middle Se
      • CountyPolk
  • Financial Details
      • Original List Price$175,000
      • Taxes Annual$1,575
      • Days on Market (Cumulative)37
  • Restrictions
      • Pets AllowedYes
  • Other
      • MLS #S5110363

Location

Lakeland Florida Real EstateLakeland Florida Real Estate
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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