Active

$390,000

Features:
  • 5 Bedrooms
  • 3 Bathrooms
  • 1928 sq ft
Overview
  • ID: MFRTB8531497
  • Bedrooms: 5
  • Bathrooms: 3
  • Size: 1928 sq ft
Property Details
Remarks
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!
Financial Considerations
Price:
$390,000
HOA Fee:
N/A
Tax Amount:
$3378
Price per SqFt:
$202.28
Tax Legal Description:
WASHINGTON PARK PB 1 PG 99 BLK 13 LOT 8
Exterior Features
Lot Size:
5863
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, Mini-Split Unit(s)
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
Carpet, Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1947
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Entrance, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    303 W 5TH ST
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