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!
- Built in 1947
- $202.28/sqft
- Lot size: 5,863 sqft
- 1 days on market
- Directions: If you're heading south on US-98 (N Florida Ave) in Lakeland, turn right to head west on W 5th St. The property will be on your right on the corner of W 5th St and N New York Ave.
- County: Polk
- Geo subdivision: WASHINGTON PARK
Features
Interior
Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

José Freitas

- Source: Stellar MLS
- MLS #: TB8531497
Listing updated: July 23, 2026 at 10:50AM
Listing provided by: Talia Cruz Martinez, HOME PRIME REALTY LLC
Last checked 9 hours ago
Listing provided by: Talia Cruz Martinez, HOME PRIME REALTY LLC
Last checked 9 hours ago
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