2306 East Magnolia Street

Lakeland, FL 33801

$125,000
Price
2
Beds
1
Bath
480 Sq. Ft.
$260 / Sq. Ft.
480
Sq. Ft.
$260
per Sq. Ft.

Description

"Cash Flow Carnival - Double Trouble Edition! Are you ready to dive into the thrilling world of real estate, where adventure and cash collide? Behold, the Investor Special of your wildest dreams – not one, but TWO mobile homes on a single lot! Now, we know what you're thinking, "Double the trouble, double the fun!" These homes are already in high demand, playing host to month-to-month tenants. But wait, there's more! These homes come with their very own makeover story. Picture it: HGTV meets a mobile..."Cash Flow Carnival - Double Trouble Edition! Are you ready to dive into the thrilling world of real estate, where adventure and cash collide? Behold, the Investor Special of your wildest dreams – not one, but TWO mobile homes on a single lot! Now, we know what you're thinking, "Double the trouble, double the fun!" These homes are already in high demand, playing host to month-to-month tenants. But wait, there's more! These homes come with their very own makeover story. Picture it: HGTV meets a mobile home marathon. Renovation enthusiasts, prepare for your ultimate challenge! Both homes are in desperate need of some TLC, but don't worry, we've heard that paintbrushes and power tools make great companions. Now, let's talk numbers. You're not just buying a couple of homes; you're buying a golden ticket to financial freedom! With a staggering 13 cap rate, this investment is like hitting the jackpot at the real estate casino. Cash flow galore, baby! But here's the kicker, folks – to join the Cash Flow Carnival, you must bring one guest, and that guest is none other than Mr. Cash himself! That's right, you'll need to pay cash to play, but trust us, it'll be the best money you ever spend. So, if you're ready to embrace the wild, wacky world of mobile homes, tenants with stories for days, and a chance to make your cash work harder than ever, this Investor Special is calling your name. But remember, this isn't just an investment; it's a front-row seat to the greatest show on earth – the Cash Flow Carnival!"
  1. Listed by Jennifer Ketchum • S & D REAL ESTATE SERVICE LLC

Property Details for 2306 East Magnolia Street

Subdivision Name
COUNTRY CLUB ESTATES SUB
Township
28
Carport Spaces
1
Waterfront
No

Location

Listing Courtesy of S & D REAL ESTATE SERVICE LLC, Jennifer Ketchum
Add your commute
LISTING UPDATED: 02/08/2024 10:09 AM

Property Details for 2306 East Magnolia Street

StatusActive
MLS #L4939580
Days on Market225
Taxes$1,619 / year
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built1968
Lot Size0.16 AC / 6,882 SF
CountyPolk County

Location

Listing Courtesy of S & D REAL ESTATE SERVICE LLC, Jennifer Ketchum
Add your commute

Building Information for 2306 East Magnolia Street

Stories-Residences-Year Built1968Lot Size0.16 AC / 6,882 SF

Payment Calculator

$817 per month

30 year fixed, 7.25% Interest

Principal and Interest

$682

Property Taxes

$135

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2306 East Magnolia Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 480.0
  • Building Area Units: Square Feet
  • Direction Faces: South
  • Directions: Head south on Combee, turn on Magnolia, house is on right. Sign out front
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 2306
  • Street Direction Prefix: E
  • Street Name: MAGNOLIA
  • Street Suffix: STREET
  • State: FL
  • City: LAKELAND
Parking
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 3
  • Tax Book Number: 7-10
  • Tax Legal Description: COUNTRY CLUB ESTATES SUB PB 7 PG 10 BLK 3 LOT 22 E1/2 OF S1/2
  • Tax Lot: 22
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 24-28-16-186000-003222
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2
  • Living Area: 480
Property and Assessments
  • Year Built Numeric: 1968
  • Flood Zone Code: X
  • Flood Zone Date: 12-22-2016
  • Flood Zone Panel: 12105C0320G
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 24
  • Public Survey Section: 16
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
  • Exterior Features: Other
  • Foundation Details: Crawlspace
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 1
  • Appliances: Range, Refrigerator
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Other
  • Heating: Other, Wall Units / Window Unit
  • Interior Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 5.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Level 1: First
  • Room Type 1: Kitchen
Room 2
  • Room Level 2: First
  • Room Type 2: Primary Bedroom
Room 3
  • Room Level 3: First
  • Room Type 3: Bedroom 2
Room 4
  • Room Level 4: First
  • Room Type 4: Bathroom 1
Room 5
  • Room Level 5: First
  • Room Type 5: Living Room
Rental
Rental Information
  • Currency Monthly Rent Amt: $850.00

Property History for 2306 East Magnolia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2306 East Magnolia Street

Taxable ValueLand$15,482Additions$43,717Total$59,199
Tax Record2023$1,755 ($146 / month)
Home Facts
Total Finished SqFt420 SqFtAbove Grade Finished SqFt420 SqFtLot Size6,882 SqFtStyleMobile / Manufactured HomeYear Built1964ZoningR-2CountyPOLKAPN242816186000003222

Schools near 2306 East Magnolia Street

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Philip O'brien Elementary School
PublicPK to 5

Winston Academy of Engineering
PublicPK to 5

Combee Academy of Design and Engineering
PublicPK to 5

Rochelle School Of The Arts
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2306 East Magnolia Street is for sale in Lakeland, FL 33801. This property was listed for sale on September 20, 2023 by S & D REAL ESTATE SERVICE LLC, it's currently listed at $125,000. This listing's school district is Polk. Nearby schools include Philip O'brien Elementary School, Winston Academy of Engineering and Combee Academy of Design and Engineering. 2306 East Magnolia Street is a 2-bed, 1-bath, 480 sqft built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of S & D REAL ESTATE SERVICE LLC, Jennifer Ketchum

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 02/08/2024 10:09 AM