301 SW 3rd Terrace, Mulberry, FL 33860

Mulberry
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
301 SW 3rd Terrace,Mulberry, FL 33860
$1,250,000
Virtual Tour
  • - Beds
  • - Baths
  • 7,584 sq. ft.
  • Multi-family
  • Active
Listed by: mendel friedman
Office: divine realty and associates llc.
MLS#:TB8460905
Source:MFRMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$164.82

About this home

MAJOR PRICE REDUCTION!! 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.

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Home facts

  • Year built:1950
  • Listing ID #:TB8460905
  • Added:59 day(s) ago
  • Updated:April 25, 2026 at 12:29 PM

Rooms and interior

  • Living area:7,584 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:7,584 sq. ft.
  • Lot area:0.79 Acres
  • Construction Materials:Block
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$164.82
  • Tax amount:$15,236 (2025)

Features and amenities

  • Laundry features:Electric Dryer Hookup, Washer Hookup
  • Amenities:Electricity Available
  • Pool features:Public Pool
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