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Description
Income-producing investment opportunity just minutes from Downtown Lakeland! This 3-bedroom, 2-bath single-family home is currently tenant occupied, with each of the three bedrooms individually rented and tenants sharing the common areas. The home is furnished, and current rents include utilities and Wi-Fi.The property is currently generating $555 a week in gross rental income, providing an established income stream for a potential investor. Additional flex space offers options for an office, hobby area, storage, or other non-bedroom use.Conveniently located near Downtown Lakeland with easy access to shopping, dining, major roadways, and area amenities. Excellent opportunity for an investor looking to add an income-producing property to their portfolio or for a buyer considering future alternative uses.Tenant occupied. Please do not disturb tenants. Showings by appointment only.
Property Highlights
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Lot Size: 0.14 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $2,072
Year Built: 1937
General Information
Bedrooms: 3
Bathrooms: 2 Full
Sqft: 1,326
County: Polk
Subdivision: BOWYERS
Listed By:
David Bryant
LA ROSA REALTY PRESTIGE
863-940-4850
MLS ID: L4964435
Amenities
Ceiling Fans(s)
None
Property Features
Appliances: Microwave, Range Hood, Refrigerator
Days on Site: 11
Directions: From RP Funding Center, head west on W Lime St toward Sikes Blvd. Turn right onto Sikes Blvd, then turn right onto W Memorial Blvd. Turn left onto N Lincoln Ave. Property will be on the right at 611 N Lincoln Ave.
Exterior: Vinyl Siding, Frame
Flood Zone Code: X
Flooring: Laminate
Foundation: Pillar/Post/Pier
Home Warranty Y/N: No
Listing Terms: Cash
Lot Dimensions: 0.14
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Cable Available
Water: None
Water Access Y/N: No
Zoning: MF-22
Shown By
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611 N Lincoln Avenue , Lakeland, FL 33815.
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Estimated Payment
$ 850.60 per month $623.97 Principal & Interest $172.67 Property Tax $53.96 Homeowner's InsuranceChange Payment Information
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