Active

$239,000

Features:
  • 5 Bedrooms
  • 3 Bathrooms
  • 1521 sq ft
Overview
  • ID: MFRTB8446347
  • Bedrooms: 5
  • Bathrooms: 3
  • Size: 1521 sq ft
Property Details
Remarks
Investor Special – Don’t miss this incredible income-producing property offering instant cash flow from reliable tenants! This spacious 5-bedroom, 3-bathroom home sits on a corner lot and features a converted garage currently serving as an additional bedroom. The original garage door remains in place, giving buyers the flexibility to easily restore it to a garage if desired. The home is tenant-occupied with a lease through November 30, 2026, generating $2,400 per month in rental income and delivering an impressive cap rate above 12%. Located in a stable rental area of Lakeland, this property offers strong returns and long-term potential for any investor’s portfolio. A great opportunity to purchase a turn-key rental with solid tenants and steady revenue from day one!
Financial Considerations
Price:
$239,000
HOA Fee:
N/A
Tax Amount:
$2210.13
Price per SqFt:
$157.13
Tax Legal Description:
ORANGEWOOD COMMUNITY PB 78 PG 50 LOT 70
Exterior Features
Lot Size:
6608
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Microwave, Range, Refrigerator
Furnished:
No
Floor:
Laminate, Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1987
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    1630 FRUITWOOD DR
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