7924 North Socrum Loop Road

Lakeland, FL 33809

$728,900
Price
—
Beds
3
Baths
4,409 Sq. Ft.
$165 / Sq. Ft.
4,409
Sq. Ft.
$165
per Sq. Ft.

Description

With incredible passive income possibilities, this Lakeland jewel is perfect for the savvy investor or those just starting out looking for an astonishing money-generating property. 7924 N Socrum Loop comprises 3 single-family houses all on one lot! Unit 1 has 2 bedrooms, 1 full bathroom, screened-in porches, and over 1,296 sq feet of living space. Unit 2 has 4 bedrooms (2 masters), 2 full bathrooms, a carport, tons of storage, and over 1,681 sq ft of living space. Unit 3 has 1 bedroom, one full bath,...With incredible passive income possibilities, this Lakeland jewel is perfect for the savvy investor or those just starting out looking for an astonishing money-generating property. 7924 N Socrum Loop comprises 3 single-family houses all on one lot! Unit 1 has 2 bedrooms, 1 full bathroom, screened-in porches, and over 1,296 sq feet of living space. Unit 2 has 4 bedrooms (2 masters), 2 full bathrooms, a carport, tons of storage, and over 1,681 sq ft of living space. Unit 3 has 1 bedroom, one full bath, a screened-in porch, and 900 sq ft of living space. All properties have private patios, dining/ living room areas, generous closet space, individual HVAC Units, updated roofs, and laundry facilities. This Triplex is low maintenance with considerable upside potential. Current owners had renters in place until recently, generating $10,000/mo. Don't miss this fantastic opportunity to own an extraordinary income-producing property in Lakeland, Florida. Schedule your showing today and
  1. Listed by JOSEPH POLETTO • KELLER WILLIAMS JACKSONVILLE
    P: (401)-450-9720 C: (401)-450-9720 josephpoletto@kw.com

Property Details for 7924 North Socrum Loop Road

Senior Community YN
No
Subdivision Name
**verifying Subd**
LISTING UPDATED: 11/21/2024 08:15 AM

Property Details for 7924 North Socrum Loop Road

StatusActive
MLS #2057632
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1947
Lot Size0.70 AC / 30,492 SF
CountyPolk County

Building Information for 7924 North Socrum Loop Road

Stories1Residences3Year Built1947Building Size-Lot Size0.70 AC / 30,492 SF

Property Information for 7924 North Socrum Loop Road

Summary
Location and General Information
  • Accessibility Features: Accessible Entrance, Accessible Full Bath, Accessible Kitchen
  • Country: US
  • Directions: From Marcum Rd. turn on to N. Socrum Loop, go north to property on left
  • Road Frontage Type: City Street
  • MLS Area Major: 993-Out Of Area-South
  • City: Lakeland
  • State: FL
  • Postal Code: 33805
  • County: Polk
  • Latitude: 28.143915
  • Longitude: -81.956796
  • MLS Area Minor: 993-Out Of Area-South
  • General Property Information: Waterfront YN: No
  • General Property Information: Senior Community YN: No
  • General Property Information: Accessibility Features YN: Yes
  • Road Frontage Type: City Street: Yes
  • Road Surface Type: Asphalt: Yes
Taxes and HOA Information
  • Parcel Number: 23-27-12-000000-022060
  • Tax Legal Description: N 100 FT OF S 460 FT OF E 330 FT OF SE1/4 OF SE1/4 LESS MAINT R/W
  • Association Fee: $.00
  • Association YN: No
  • General Property Information: CDD Fee YN: No
  • General Property Information: Association YN: No
Parking
  • Carport Spaces: 2
  • Carport YN: true
  • Garage YN: No
  • Parking Features: Carport, Circular Driveway, Off Street
  • Parking Total: 10.0
  • Attached Garage: No
  • General Property Information: Garage YN: No
  • General Property Information: Carport YN: Yes
  • General Property Information: Carport Spaces: 2.0
  • General Property Information: Parking Total: 10.0
  • Parking Features: Carport: Yes
  • Parking Features: Circular Driveway: Yes
  • Parking Features: Off Street: Yes
Property
Lot Information
  • Building Area Total: 4409.0
  • Living Area Source: Assessor
  • Lot Features: Few Trees, Split Possible
  • Lot Size Acres: 0.7
  • Other Structures: Shed(s)
  • Living Area: 4409.0
  • Lot Size Area: 0.7
  • Lot Size Units: Acres
  • Lot Size Square Feet: 30492.0
Property and Assessments
  • Current Use: Multi-Family, Residential
  • New Construction YN: No
  • Year Built: 1947
  • MLS Approval Status: Yes
  • General Property Information: Number Of Buildings: 3.0
  • General Property Information: Lot Size Acres: 0.7
  • General Property Information: Bathrooms Half: 0.0
  • General Property Information: Living Area: 4409.0
  • General Property Information: Number Of Units Total: 3.0
  • General Property Information: Living Area Source: Assessor
  • General Property Information: Building Area Total: 4409.0
  • General Property Information: New Construction YN: No
  • General Property Information: List Price/SqFt: 165.32
  • Lot Features: Few Trees: Yes
  • Lot Features: Split Possible: Yes
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
  • Electric: 200+ Amp Service: Yes
  • Sewer: Septic Tank: Yes
  • Utilities: Cable Available: Yes
  • Utilities: Cable Connected: Yes
  • Utilities: Electricity Connected: Yes
  • Utilities: Sewer Connected: Yes
  • Utilities: Water Connected: Yes
  • Utilities: Other: Yes
  • Water Source: Public: Yes
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Asphalt
  • Security Features: Smoke Detector(s)
  • Construction Materials: Block, Concrete, Frame, Stucco
  • Construction Materials: Block: Yes
  • Construction Materials: Concrete: Yes
  • Construction Materials: Frame: Yes
  • Construction Materials: Stucco: Yes
  • Other Structures: Shed(s): Yes
  • Roof: Shingle: Yes
  • Security Features: Smoke Detector(s): Yes
Interior Features
  • Entry Level: 1.0
  • Stories Total: 1
  • Stories: 1
  • Cooling: Central Air
  • Laundry Features: In Unit
  • Levels: One
  • Heating: Central, Electric
  • Flooring: Concrete, Laminate, Tile, Wood
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.0
  • Bathrooms Total (Notational): 3.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Information: Furnished: Unfurnished
  • General Property Information: Stories: 1.0
  • General Property Information: Stories Total: 1.0
  • Accessibility Features: Accessible Entrance: Yes
  • Accessibility Features: Accessible Full Bath: Yes
  • Accessibility Features: Accessible Kitchen: Yes
  • Appliances: Electric Oven: Yes
  • Appliances: Electric Range: Yes
  • Appliances: Electric Water Heater: Yes
  • Appliances: Refrigerator: Yes
  • Cooling: Central Air: Yes
  • Flooring: Concrete: Yes
  • Flooring: Laminate: Yes
  • Flooring: Tile: Yes
  • Flooring: Wood: Yes
  • Heating: Central: Yes
  • Heating: Electric: Yes
  • Laundry Features: In Unit: Yes
  • Levels: One: Yes
Multi Family
Multi Family Information
  • Number of Units: 3
Income & Expenses
  • Financial Data Source: Accountant
  • Income Includes: Laundry, Parking, Rent Only, Storage
  • Financial Data Source: Accountant: Yes
  • Income Includes: Laundry: Yes
  • Income Includes: Parking: Yes
  • Income Includes: Rent Only: Yes
  • Income Includes: Storage: Yes
Unit 1
  • Unit 1 Details: Unit ID: 1
  • Unit 1 Details: Actual Rent: 4000.0
  • Unit 1 Details: Unit SqFt: 1296.0
  • Unit 1 Details: Beds Total: 2.0
  • Unit 1 Details: Furnished: Unfurnished
  • Unit 1 Details: Unit Remarks: Furthest back from street.
Unit 2
  • Unit 2 Details: Unit ID: 3
  • Unit 2 Details: Actual Rent: 4000.0
  • Unit 2 Details: Unit SqFt: 2213.0
  • Unit 2 Details: Beds Total: 3.0
  • Unit 2 Details: Furnished: Unfurnished
  • Unit 2 Details: Unit Remarks: First House
Unit 3
  • Unit 3 Details: Unit ID: 2
  • Unit 3 Details: Actual Rent: 2000.0
  • Unit 3 Details: Unit SqFt: 900.0
  • Unit 3 Details: Beds Total: 1.0
  • Unit 3 Details: Furnished: Unfurnished
  • Unit 3 Details: Unit Remarks: MIddle House
Agent
Sale and Listings
  • General Property Information: Entry Level: 1.0
Showing and Remarks
  • Public Remarks: With incredible passive income possibilities, this Lakeland jewel is perfect for the savvy investor or those just starting out looking for an astonishing money-generating property. 7924 N Socrum Loop comprises 3 single-family houses all on one lot! Unit 1 has 2 bedrooms, 1 full bathroom, screened-in porches, and over 1,296 sq feet of living space. Unit 2 has 4 bedrooms (2 masters), 2 full bathrooms, a carport, tons of storage, and over 1,681 sq ft of living space. Unit 3 has 1 bedroom, one full bath, a screened-in porch, and 900 sq ft of living space. All properties have private patios, dining/ living room areas, generous closet space, individual HVAC Units, updated roofs, and laundry facilities. This Triplex is low maintenance with considerable upside potential. Current owners had renters in place until recently, generating $10,000/mo. Don't miss this fantastic opportunity to own an extraordinary income-producing property in Lakeland, Florida. Schedule your showing today and
  • General Property Information: Directions: From Marcum Rd. turn on to N. Socrum Loop, go north to property on left
  • General Property Information: Public Remarks: With incredible passive income possibilities, this Lakeland jewel is perfect for the savvy investor or those just starting out looking for an astonishing money-generating property. 7924 N Socrum Loop comprises 3 single-family houses all on one lot! Unit 1 has 2 bedrooms, 1 full bathroom, screened-in porches, and over 1,296 sq feet of living space. Unit 2 has 4 bedrooms (2 masters), 2 full bathrooms, a carport, tons of storage, and over 1,681 sq ft of living space. Unit 3 has 1 bedroom, one full bath, a screened-in porch, and 900 sq ft of living space. All properties have private patios, dining/ living room areas, generous closet space, individual HVAC Units, updated roofs, and laundry facilities. This Triplex is low maintenance with considerable upside potential. Current owners had renters in place until recently, generating $10,000/mo. Don't miss this fantastic opportunity to own an extraordinary income-producing property in Lakeland, Florida. Schedule your showing today and
Rental
Rental Information
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Other
  • Roof: Shingle
  • Owner Pays: Common Area Maintenance, Electricity, Exterior Maintenance, Gas, Hot Water, HVAC Maintenance, Insurance, Management, Pest Control, Repairs, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Sewer, Water
  • Owner Pays: Common Area Maintenance: Yes
  • Owner Pays: Electricity: Yes
  • Owner Pays: Exterior Maintenance: Yes
  • Owner Pays: Gas: Yes
  • Owner Pays: Hot Water: Yes
  • Owner Pays: HVAC Maintenance: Yes
  • Owner Pays: Insurance: Yes
  • Owner Pays: Management: Yes
  • Owner Pays: Pest Control: Yes
  • Owner Pays: Repairs: Yes
  • Owner Pays: Taxes: Yes
  • Owner Pays: Trash Collection: Yes
  • Owner Pays: Water: Yes
  • Tenant Pays: Cable TV: Yes
  • Tenant Pays: Electricity: Yes
  • Tenant Pays: Sewer: Yes
  • Tenant Pays: Water: Yes

Property History for 7924 North Socrum Loop Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7924 North Socrum Loop Road

Taxable ValueLand-Additions-Total-
Tax Record2021$2,487 ($207 / month)
Home Facts
Beds2Total Finished SqFt1,032 SqFtAbove Grade Finished SqFt1,032 SqFtStories1Lot Size30,627 SqFtStyleSingle Family ResidenceYear Built1947Year Renovated1947ZoningRE-2CountyPOLKAPN232712000000022060

Schools near 7924 North Socrum Loop Road

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
Combee Academy of Design and Engineering
PublicPK to 5

Winston Academy of Engineering
PublicPK to 5

Edgar L. Padgett Elementary School
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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7924 North Socrum Loop Road is a multi-family home for sale in Lakeland, FL 33809. This property was listed for sale on November 21, 2024 by KELLER WILLIAMS JACKSONVILLE, it's currently listed at $728,900. It has been on the market for a total of 34 days and was last sold on June 2, 2022. This listing's school district is Polk. Nearby schools include Combee Academy of Design and Engineering, Winston Academy of Engineering and Edgar L. Padgett Elementary School. 7924 North Socrum Loop Road is a 0-bed, 3-bath, 4,409 sqft multi-family home built in 1947.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS JACKSONVILLE, JOSEPH POLETTO

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: 11/21/2024 08:15 AM