Here is a great opportunity to add a concrete block rental to your portfolio. This single family home has 4 bedrooms and 1.5 bathrooms with over 1,500 square feet. The property is located in a well-established neighborhood and is close to Downtown Lakeland, Polk Parkway, and I-4. This turn-key home currently has a long term, month to month tenant, paying $1,100 per month. The market rent should be closer to $1,300 and can be increased upon the tenant signing a new lease. The home has been well maintained and has newer laminate wood floors throughout. This is an easy rental to add to your cash flow portfolio!
Lakeland Rental with Equity: Optimist Dr., Lakeland, FL 33801 Sold
- $109,900
- 4 beds
- 1.5 baths
- 1588 sqft
Sold
- Price:
- $109,900
- Address:
- Optimist Dr
Lakeland, FL 33801 - Square Feet:
- 1588
- Bedrooms:
- 4
- Bathrooms:
- 1.5
- Terms:
- For Sale
- Property Type:
- Home
- Year Built:
- 1959
- Basement:
- Rent: $300, Flip: $12,050
- MLS #:
- $150,000
Additional Features
Gross Rental Income: $1,100 mo. / $13,200 yr.