Seize this exceptional investment opportunity in the Cumberland Historic District, ideally located near Florida Southern College, Grove Park, Lakeland High School, Lake Hollingsworth, and Historic Downtown Lakeland. This property features a diverse mix of units: a 2 bed/2 bath apartment with a large living room, oversized kitchen, and Florida room, currently rented for $1,125; a spacious 1 bed/1 bath with a huge living area and eat-in kitchen, potential rent of $1,350; and a detached 1 bedroom efficiency, currently at $900. Each unit has separate electric meters, and the duplex boasts newer central AC units, ensuring comfort and efficiency. Adding to its value, the property received a new roof in 2022, enhancing its appeal and durability. Impeccably maintained and strategically positioned, this property promises a lucrative passive income stream, making it an ideal addition to your investment portfolio. View and bring an offer today to capitalize on this rare opportunity for sustained income in a sought-after location. PLEASE DO NOT APPROACH / DISTURB TENANTS. By appointment only.
*Please also check out two duplexes (4 units) at 902 and 910 Castleway, Lakeland (MLS #s L4942603, L4942605).