301 SW 3RD TERRACE, Mulberry, FL 33860

• 7,584 sqft

Property Description

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.

Listing Status:

Active

Date Added:

January 5, 2026

Data Last Updated:

February 10, 2026 at 1:24AM

Listing Office:

DIVINE REALTY AND ASSOCIATES LLC : 718-954-2278

Listing Agent:

Mendel Friedman : 718-954-2278

MLS ID:

TB8460905

Interior

• General: Other
• Laundry: Electric Dryer HookupWasher Hookup
• A/C: Central Air
• Heating: Central

Exterior

• General: Other

Construction

• Roofing: Shingle
• General: BlockOneSlab

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Polk

Lot

• Zoning: R-1CRIGLER L N ADD PB 1 PG 43 BLK C LOTS 5 6 LESS N 75 FT & S 25 FT OF W 30 FT OF 7 & 8 N 88 FT OF W 30 FT & LOT 9 W 138.5 FT23-30-11-156000-009051

Utilities

• Utilities: Electricity AvailablePublic
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple