For sale· 1 day on market
1112 12TH Street
Lakeland, FL, 33805·MLS# TB8554581
$199,000
Estimated $1,303/mo estimated
- 4
- Bedrooms
- 2
- Bathrooms
- 1,536
- Sq ft
- 0.14 ac
- Lot size
- 1926
- Year built
- $130
- Per sq ft
- Residential
- Built 1926
About this home
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 .
Facts & features
Interior
- Bedrooms
- 4
- Bathrooms
- 2 full
- Living area
- 1,536 sqft
Property
- Type
- Residential
- Year built
- 1926
- Lot size
- 0.14 acres
Financial
- Annual taxes
- $2,811.48
- Price / sqft
- $130
Estimate your monthly payment
$1,303/ month estimated
- Principal & interest$1,038
- Property tax$182
- Insurance$83
Illustrative estimate — not a lending offer.
Location
Lakeland, FL
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Courtesy of MEGA PROPERTY SOLUTIONS
reThought Real Estate
My local team · (407) 974-5509
$199,000
4 bd · 2 ba · 1,536 sqft