1112 W 12TH STREET, Lakeland, Florida, 33805
$199,000
1,536 Sqft
0.14 Acres
4 bd
2 ba
#TB8554581
Excellent Investment Opportunity with Strong Income Potential!
Whether you're looking to start or expand your real estate portfolio, this property offers an attractive combination of immediate rental income and additional income potential.
The property currently features 3 income-producing units generating approximately $1,900 month. In addition, there is a separate independent space with an estimated rental potential of approximately $1,400 month, creating an opportunity to significantly increase the property's overall cash flow.
Income Potential:
* Current rental income: $1,900/month
* Additional projected rental income: $1,400/month
* Total potential gross income $3,300/month
* Potential gross annual income: $39,600/year before expenses
With multiple income streams and the opportunity to build long-term equity, this property could be a great addition to an investment portfolio.
Don't miss this opportunity! Contact us today to schedule your private showing and explore the income potential this property has .
PROPERTY FEATURES
- Utilities : Public, Water Connected
- Water Access : 0
- Sewer : Public Sewer
- Road Surface Type : Asphalt
- Roof : Shingle
- Zoning : RA-4
- Heating : Central
- Cooling : Central Air
- Construction Materials : Frame
- Interior Features : High Ceilings
- Laundry Features : Washer Hookup
- Appliances : Range, Refrigerator
- Flooring : Tile
PROPERTY DETAILS
ID: TB8554581
Status: Active
Price: $199,000
Acres: 0.14 Acres
Price Per Acre: $1,421,429
Type: Single Family / Detached
Address: 1112 W 12TH STREET
City, State: Lakeland, Florida
County: Polk
Zip Code: 33805
Lat/Long: 28.063591, -81.972009
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