303 W 5th Street, Lakeland, FL 33805
- $390,000
- 5
- BD
- 3
- BA
- 1,928
- SqFt
- List Price
- $390,000
- Status
- Active
- Days on Market
- 5
- MLS#
- TB8531497
- Property Style
- Single Family
- Year Built
- 1947
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 1,928
- Lot Size
- 5,863
- Acres
- 0.13
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Washington Park
- MLS Area Major
- Lakeland / Gibsonia
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
- Taxes
- $3378
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RA-4
- Interior Layout
- Ceiling Fans(s), Solid Surface Counters, Split Bedroom
- Interior Features
- Ceiling Fans(s), Solid Surface Counters, Split Bedroom
- Floor
- Carpet, Ceramic Tile, Laminate
- Appliances
- Microwave, Range, Refrigerator
- Utilities
- BB/HS Internet Available, Electricity Connected
- Heating
- Central
- Air Conditioning
- Central Air, Mini-Split Unit(s)
- Exterior Construction
- Block, Stucco
- Exterior Features
- Private Entrance, Sidewalk
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 23-28-12-055500-013080
- Legal Description
- WASHINGTON PARK PB 1 PG 99 BLK 13 LOT 8
Listing courtesy of HOME PRIME REALTY LLC. 8134974441
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