Rochelle Terrace Homes with No Pool Pool type

Rochelle Terrace Homes with No Pool Pool type

Welcome to Rochelle Terrace, a charming subdivision nestled in the heart of Lake Alfred, Florida. This delightful community in Polk County offers a serene suburban lifestyle, perfect for families, retirees, and everyone in between. With its picturesque tree-lined streets and friendly neighbors, Rochelle Terrace is a place where you can truly feel at home.

The homes in Rochelle Terrace are designed with comfort and functionality in mind. Each residence showcases a unique blend of modern amenities and classic architecture, providing a warm and inviting atmosphere. These homes are particularly appealing for those who prefer a pool-free environment, allowing for spacious backyards and outdoor living spaces that can be tailored to your personal taste. Whether you envision a lush garden, a cozy patio for entertaining, or a play area for children, the possibilities are endless in Rochelle Terrace.

Residents of this lovely community enjoy easy access to nearby parks, recreational facilities, and local shops, making everyday errands a breeze. The city of Lake Alfred is known for its friendly community spirit and offers a variety of activities and events throughout the year, fostering a strong sense of connection among neighbors.

If you’re looking for a peaceful retreat with a welcoming atmosphere, Rochelle Terrace is the perfect place to call home. Explore the available homes today and discover the charm and comfort that this wonderful subdivision has to offer. Your dream home awaits in Rochelle Terrace!

Newest Rochelle Terrace Homes with No Pool Pool type

980 S Lake Shore Way, Lake Alfred
$399,000
6 Beds ⋅ 4 Baths ⋅ Rochelle Terrace SubDv. ⋅ 33850 Zip Code
INVESTMENT OPPORTUNITY IN LAKE ALFRED! Located at 980 S Lakeshore Way, this unique multi-unit property offers excellent visibility, convenient access, and significant potential for an investor looking to add value and increase rental income. Situated on a prominent corner with frontage along a well-traveled roadway, the property consists of three separate buildings with four residential units, providing a total of 6 bedrooms and 4 bathrooms. The unit mix includes a two-story building with separate upstairs and downstairs residences, along with two additional detached residential buildings. Three units are currently occupied, including established long-term tenants, while one unit is vacant and offers an immediate opportunity for renovation and repositioning. Current rental income is approximately $1,370 per month, with owner-provided estimated market rents totaling approximately $3,400 per month, creating substantial potential for increased income as units are improved and rents are brought closer to market rates. With multiple structures, existing rental history, prominent road frontage, a corner location, and room for property improvements, this property presents an intriguing opportunity for an investor with a vision. Property is being offered in its current condition. Bring your ideas and explore the possibilities this Lake Alfred investment property has to offer. Whether you’re looking to hold as an income-producing property or explore development possibilities in a growing area, this property offers exceptional visibility and location within Lake Alfred’s main commercial corridor.

980 S Lake Shore Way, Lake Alfred

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