Excellent income-producing opportunity in Lakeland featuring a main residence plus detached in-law suite (ADU). The main home offers 3 bedrooms, 2.5 bathrooms, plus a den/office (which can be used as a 4th room), while the rear unit includes 1 bedroom, 1 bathroom, and a kitchen - ideal for rental income, multi-generational living, or living in one while renting the other! Strong upside potential with the ability to generate multiple income streams. With improvements and stabilization, similar properties in the area have supported combined rents in the ~$2,500-$3,000+/month range (buyer to independently verify). The In-Law Suite is currently on rent for $1000/month with a month to month lease, that's immediate income! Property includes a fenced backyard, additional storage structures, and an in-ground pool. The pool is currently not in service and will require repair or restoration. Being sold AS-IS, this property presents a great opportunity for investors or buyers looking to add value and maximize returns. Conveniently located near shopping, major roads, and central Lakeland amenities.
| MLS # | G5110900 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1949 |
| Days On Site | 163 |
| Listing Provided By | THE FLORIDA PROPERTY SHOP SALE | Nikhil Vashist |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,051 |
| Pool | Yes |
| Story(s) | 1 |
| Zoning | R-2 |
| Acreage | 0.19 |
| Property | 3714 |
|---|
| State | FL |
|---|---|
| County | Polk |
| City | LAKELAND |
| Zip Code | 33801 |
| Area | 33801 Lakeland |
| Community Name | SHORE ACRES GARDENS REP |
| School District | Lakeland Senior High |
| Elementary School | Crystal Lake Elem |
| High School | Lakeland Senior High |
| Listing VS Median (in SHORE ACRES GARDENS REP) | |
Price: $239,000 low | high Med: $239,000 sqft: 2,051 low | high Med: 2,051 $ / sqft: $117 low | high Med: $117 On site: 163 low | high Med: 163 | |
| State | FL |
|---|---|
| County | Polk |
| City | LAKELAND |
| Zip Code | 33801 |
| Area | 33801 Lakeland |
| Community Name | SHORE ACRES GARDENS REP |
| School District | Lakeland Senior High |
| Elementary School | Crystal Lake Elem |
| High School | Lakeland Senior High |
| Listing VS Median (in SHORE ACRES GARDENS REP) | |
Price: $239,000 low | high Med: $239,000 sqft: 2,051 low | high Med: 2,051 $ / sqft: $117 low | high Med: $117 On site: 163 low | high Med: 163 | |