303 W 5th Street, Lakeland, FL 33805
- $390,000
- 5
- BD
- 3
- BA
- 1,928
- SqFt
- List Price
- $390,000
- Status
- ACTIVE
- MLS#
- TB8531497
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 1,928
- Subdivision
- Washington Park
Property Description
Incredible income-producing property in Lakeland! Completely renovated from top to bottom with fresh paint, modern finishes, and all-new systems, this multi-unit property is a true turnkey investment. Two Smart Ways to Buy: As an Owner-Occupant: Move right into the spacious main house (market value estimated at $2,000/month) while the two secondary units already generate steady income ($1,100/mo and $1,200/mo). The main house will be vacant in August, and the other units are secured with stable 1-year leases and deposits in place. As a Pure Investor: Lease out the main house to maximize your cash flow, bringing the total gross monthly income to approximately $4,300/mo from day one. Featuring a versatile layout, brand-new updates throughout, and a fantastic location, this high-return property offers endless flexibility and immediate results. Schedule your showing today!
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Additional Information
- Year Built
- 1947
- Construction
- Block, Stucco
- Living Area
- 1,928
- Acres
- 0.13
- Interior Features
- Ceiling Fans(s), Solid Surface Counters, Split Bedroom
- Cooling
- Central Air, Mini-Split Unit(s)
- Heating
- Central
- Exterior Features
- Private Entrance, Sidewalk
- Sewer
- Public Sewer
Listing courtesy of HOME PRIME REALTY LLC.
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