303 W 5TH ST, LAKELAND, FL, 33805
$390,000
Residential
|
Bedrooms
5
|
Bathrooms
3
|
Living Area
1,928 Sqft
|
Lot Size
5,863 Sqft
|
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!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8531497 | Year Built: | 1947 | |
| Appliances: | Range, Refrigerator | Construction Materials: | Block, Stucco | |
| Cooling: | Central Air, Mini-Split Unit(s) | Country: | US | |
| County Or Parish: | Polk | Direction Faces: | East | |
| Exterior Features: | Private Entrance, Sidewalk | Flooring: | Carpet, Ceramic Tile | |
| Foundation Details: | Slab | Furnished: | Unfurnished | |
| Heating: | Central | Laundry Features: | Inside | |
| Levels: | One | Listing Agreement: | Exclusive Right To Sell | |
| Occupant Type: | Tenant | Other Equipment: | Private Entrance | |
| Property Sub Type: | Single Family Residence | Property Type: | Residential | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Supra Lock Box | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | BB/HS Internet Available, Electricity Connected | |
| Water Source: | Public | |||
| Rooms | Rooms | |||
|---|---|---|---|---|
| Primary Bedroom: | Bathroom 1: | |||
| Bathroom 2: | Bedroom 2: | |||
| Bedroom 3: | Kitchen: | |||
| Living Room: | Bedroom 4: | |||
| Bedroom 5: | Bathroom 3: | |||
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