by RH Advisors

Check Availability
$157,000
House - In Contract

1120 W Marjorie STREET

LAKELAND, FL 33815
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1329 Sqft
$970
Estimated Monthly
12.62%
Cap Rate

About This Property

Under contract-accepting backup offers. Incredible opportunity to remodel a historic bungalow in a sought after Lakeland Historic District.  This property features a BRAND NEW ROOF and incredible curb appeal.  This property has already been cleaned out and prepared for a full remodel.  The home is situated in a sought after area on an oversized lot that it is the perfect project for a new or experienced investor looking for a fast flip or a long term investment.  Currently set up as an open floorplan 3 bed / 2 bath, the options are endless and this is what every buyer is looking for that is moving to lakeland....location and character and move in ready after remodel.  The property also features a covered carport, large backyard and rear parking from the rear alley. This property is on almost a quarter acre of land!!!!  The largest expense for most investment properties is already take care of since the new roof is complete.  Great comps in the area to support values for loans and resale.  If you are an investor looking for a project do not miss this rare opportunity!   ***Sellers will accept cash or hard money terms***
Unit Size
1,329Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$118
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1925

Listed By

Ben Becton
Keller Williams Realty
Last updated: 4 days ago (Stellar MLS #L4944702)

Price History

Date / Event Date Event Price
Jun 1, 2024 In contract -
In contract
May 23, 2024 Price Decreased $157,000
↓ $11K (6.6%)
Price Decreased
May 14, 2024 Listed by Smart Realty of Polk Inc dba Keller Williams Realty $168,000
Listed by Smart Realty of Polk Inc dba Keller Williams Realty
Incredible opportunity to remodel a historic bungalow in a sought after Lakeland Historic District. This property features a BRAND NEW ROOF and incredible curb appeal. This property has already been cleaned out and prepared for a full remodel. The home is situated in a sought after area on an oversized lot that it is the perfect project for a new or experienced investor looking for a fast flip or a long term investment. Currently set up as an open floorplan 3 bed / 2 bath, the options are…
Sep 12, 2023 Sold $122,000
Sold
Aug 6, 2023 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Other
Appliances: None
Flooring Type: Other
Laundry Features: Other

Room Information

Rooms: 3
Exterior Details

Property Information

Square Footage: 1329
Square Footage Source: $0
Year Built: 1925

Building Information

Building Area Total: 1553
Levels: One
Building Area Units: Square Feet
Construction Materials: Wood Frame

Lot Information

Lot Size Area: 9450
Lot Size Units: Square Feet
Lot Size Acres: 0.22
Lot Size Square Feet: 9450
Lot Size Dimensions: 70 x 135
Tax Lot: 5

Land Information

Water Source: Public

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,198 ft²
$117/ft²
$140,000 Nov 23, 2022
$140,000 May 15, 2023
$155/mo
House
3 Beds
2 Baths
1,059 ft²
$115/ft²
$122,000 Jul 28, 2023
$122,000 Aug 31, 2023
$171/mo
House
3 Beds
1 Bath
768 ft²
$260/ft²
$200,000 Nov 12, 2023
$200,000 Dec 27, 2023
$78/mo
House
3 Beds
1 Bath
787 ft²
$254/ft²
$200,000 Aug 18, 2023
$200,000 Sep 21, 2023
$59/mo
House
2 Beds
1 Bath
750 ft²
$275/ft²
$206,000 Oct 13, 2023
$206,000 May 6, 2024
$104/mo
House
3 Beds
1 Bath
1,104 ft²
$163/ft²
$180,000 Feb 22, 2024
-
$145/mo
House
2 Beds
1 Bath
1,000 ft²
$162/ft²
$162,000 Apr 17, 2024
-
$128/mo
House
2 Beds
1 Bath
1,133 ft²
$175/ft²
$198,000 Mar 24, 2024
-
$120/mo
House
2 Beds
1 Bath
738 ft²
$243/ft²
$179,000 Apr 17, 2024
-
$89/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230728
07/28/2023
3 Bed
2 Bath
1059 ft²
$139,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1059 ft²
$153,000 +9.36%
09/08/2023
Jorge Zea
BLUE LIGHTHOUSE REALTY INC

Building Info

1120 Marjorie Street West 1120 Marjorie Street West, Lakeland, FL 33815
  • 1 Unit for Sale
More about this Building
1120 Marjorie Street West
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About Lake Hunter Terrace


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