For sale· 1 day on market

901 PENNSYLVANIA

Lakeland, FL, 33803·MLS# O6433196

$670,000

Estimated $4,387/mo estimated

16
Bedrooms
16
Bathrooms
3,272
Sq ft
0.10 ac
Lot size
1902
Year built
$205
Per sq ft
  • New listing
  • Residential Income
  • Built 1902

About this home

GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE HEART OF LAKELAND! Located at 901 Pennsylvania Ave, this well-positioned fourplex offers investors the opportunity to own a multi-family property in the highly desirable Lake Morton Historic District. The property consists of 4 spacious 1-bedroom, 1-bath units, each approximately 900 square feet, offering a highly rentable layout and strong long-term income potential. The property maintains much of its original Florida character, including original hardwood floors, solid wood doors, and charming architectural details rarely found in newer construction. Units also feature additional touches such as washer/dryer accommodations, sunrooms adding to their appeal and rental potential. LOCATION IS A MAJOR HIGHLIGHT. The property is conveniently situated near Florida Southern College, Lake Morton, Downtown Lakeland, the public library, museums, restaurants, shopping, entertainment, and major roadways. Its central location provides excellent access to many of Lakeland's most desirable destinations while placing tenants close to employment, education, recreation, and everyday conveniences. Whether you're looking to expand an existing rental portfolio, enter the multifamily investment market, or acquire a long-term income-producing asset, 901 Pennsylvania Ave offers an excellent combination of location, character, multiple rental units, and future income potential. 4 units. 1 property. Multiple income streams. A great opportunity to invest in one of Lakeland's established neighborhoods.

Facts & features

Interior

Bedrooms
16
Bathrooms
16 full
Living area
3,272 sqft

Property

Type
ResidentialIncome
Year built
1902
Lot size
0.1 acres

Financial

Annual taxes
$6,997
Price / sqft
$205

Estimate your monthly payment

$134,000

$4,387/ month estimated

  • Principal & interest$3,494
  • Property tax$614
  • Insurance$279

Illustrative estimate — not a lending offer.

Location

Lakeland, FL

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Courtesy of LIST-A-HOUSE REALTY, LLC

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Listing data courtesy of LIST-A-HOUSE REALTY, LLC. My request routes to reThought Real Estate in DashBrew CRM.

$670,000

16 bd · 16 ba · 3,272 sqft