1112 W 12th Street, Lakeland, FL 33805

$199,000
4
BD
2
BA
1,536
SqFt

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List Price
$199,000
MLS#
TB8554581
Type
Single Family Residential
Property Style
Single Family
Bedrooms
4
Bathrooms
2
Living Area
1,536
Lot Size
6,203
Subdivision
Parkland Add
Year Built
1926

Property Description

Excellent Investment Opportunity with Strong Income Potential! Whether you're looking to start or expand your real estate portfolio, this property offers an attractive combination of immediate rental income and additional income potential. The property currently features 3 income-producing units generating approximately $1,900 month. In addition, there is a separate independent space with an estimated rental potential of approximately $1,400 month, creating an opportunity to significantly increase the property's overall cash flow. Income Potential: * Current rental income: $1,900/month * Additional projected rental income: $1,400/month * Total potential gross income $3,300/month * Potential gross annual income: $39,600/year before expenses With multiple income streams and the opportunity to build long-term equity, this property could be a great addition to an investment portfolio. Don't miss this opportunity! Contact us today to schedule your private showing and explore the income potential this property has .

Additional Information

Community Features
No Deed Restriction
Exterior Construction
Frame
Style
One Story
Interior
High Ceilings
Interior Features
High Ceilings
Appliances
Range, Refrigerator
Exterior
Private Mailbox, Private Yard
Roof
Shingle
Utilities
Public, Water Connected
Floor
Tile
Heating
Central
Cooling
Central Air
Pool Type
No Pool

Listing courtesy of MEGA PROPERTY SOLUTIONS.

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