3947 State Road 60 E, Bartow, FL 33830
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: craig morby
Office: saunders real estate, llc.
MLS#:O6333266
Source:MFRMLS
Price summary
- Price:$594,900
- Price per sq. ft.:$146.56
About this home
PRICE DROP!. Please see the attached Property Brochure for rent roll and expense info. $69,000 in annual income. 9.16% cap rate.
Solid opportunity to start or expand your multifamily portfolio with this 4 unit income generating property in Bartow FL. The property consists of two structures - a single family 3 bedroom / 2 bathroom home and a triplex with various bedroom and bathroom configurations.
This is a clean and well run property with strong rents and deposits that sits on a charming 1.29 acres with plenty of parking and common area outdoor space. Each structure is block construction with metal roofs. There are separate electric meters for all of the units, with the single family home tenant also paying for water. The triplex water is paid for by the Landlord.
The property is located about 10 minutes from the Van Fleet Trail and SR 60 intersection in Bartow. 10 minutes to downtown Bartow, 20 minutes from Lake Wales and 25 minutes from downtown Lakeland.
This property offers a blend of space, stability and convenience - ideal for investors looking to grow in the Central Florida market.
OWNER HAS ANOTHER 9 UNIT PARK AVAILABLE IN LAKE WALES WITH UPSIDE. Currently producing $125,000 +/- in gross income.
Contact an agent
Home facts
- Year built:1956
- Listing ID #:O6333266
- Added:101 day(s) ago
- Updated:November 15, 2025 at 12:19 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Living area:4,059 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Metal
- Year built:1956
- Building area:4,059 sq. ft.
- Lot area:1.29 Acres
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$594,900
- Price per sq. ft.:$146.56
- Tax amount:$6,032 (2024)
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