303 W 5TH STREET LAKELAND, FL 33805

$390,000

5 Beds

3 Baths

1928 sqft

Property Details

MLS#

TB8531497

Type

Single Family Residence

Status

Active Listing

Square Footage

1,928

Bedrooms

5

Bathrooms

3 full

Year Built

1947

Tax Amount

$3,378

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!

Amenities

Cooling:Central Air, Mini-Split Unit(s)

Private Entrance

Sidewalk

Ceiling Fan(s)

Solid Surface Counters

Split Bedroom

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