1216 FAIRWAY DR, LAKELAND, FL, 33801
$299,900
Residential Income
|
Bedrooms
6
|
Bathrooms
4
|
Living Area
2,272 Sqft
|
Lot Size
13,225 Sqft
|
Great investment opportunity at 1216 Fairway Drive in Lakeland! This well-maintained duplex offers two spacious 3-bedroom, 2-bathroom units, each featuring a desirable split-bedroom floorplan designed for privacy and comfortable living. Both units are currently occupied and secured by 12-month leases, providing immediate rental income and stability for the next owner. The property generates $28,890 in annual rental income, making it an excellent addition to an investment portfolio. Unit 1216 had new AC and Water Heater installed in 2025. Located in Lakeland with convenient access to local shopping, dining, schools, employment centers, and major roadways. Whether you're looking to expand your rental portfolio or seeking a property with established tenants and income from day one, this duplex is worth a look.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRL4964496 | Year Built: | 2003 | |
| Construction Materials: | Concrete | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Polk | |
| Exterior Features: | Lighting | Foundation Details: | Slab | |
| Heating: | Central | Laundry Features: | Electric Dryer Hookup, Laundry Closet, Washer Hookup | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, FHA | |
| Pets Allowed: | Yes | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Dirt | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, No Lockbox, See Remarks | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Cable Available, Electricity Connected, Sewer Connected, Water Connected | Water Source: | Public | |
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