1112 W 12th Street, Lakeland, FL 33805

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

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List Price
$199,000
Status
Active
Days on Market
0
MLS#
TB8554581
Property Style
Single Family
Year Built
1926
Bedrooms
4
Bathrooms
2
Living Area
1,536
Price per sq. ft.
129.56
Lot Size
6,203
Acres
0.14
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Parkland Add
MLS Area Major
Lakeland / Gibsonia

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

Taxes
$2811
Minimum Lease Period
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RA-4
Interior Features
High Ceilings
Floor
Tile
Appliances
Range, Refrigerator
Utilities
Public, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Frame
Exterior Features
Private Mailbox, Private Yard
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Flood Zone Code
x
Parcel ID
23-28-12-046000-002140
Legal Description
PARKLAND ADD PB 9 PG 6 BLK B LOT 14

Listing courtesy of MEGA PROPERTY SOLUTIONS. 813-357-9844

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