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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 Details
Price: $199,000
Sq Ft: 1,536
($130 per
sqft)
Bedrooms: 4
Bathrooms: 2
City: Lakeland
County: Polk
Type: Single Family
Development: Parkland
Subdivision: Parkland Add
Acres: 0.1400
Virtual Tour/Floorplan:
View
Year Built: 1926
Listing Number: TB8554581
Status Code: A-Active
Taxes: $2,811.48
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Interior Features:
High Ceilings
Financial Information:
Taxes: $2,811.48
Tax Year: 2025
Exterior Features:
Private Mailbox
Private Yard
Equipment:
Range
Refrigerator
Additional Information:
MLS Area: 33805 - Lakeland / Gibsonia
Total Square Footage: 1,996
Price per Square Feet: $129.56
Total Floors: 1
Water: Public
Construction: Frame
Date Listed: 2026-10-02 00:00:00
Furnished: Unfurnished
Flooring: Tile
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Washer Hookup
Sewer: Public Sewer
Parcel ID: 23-28-12-046000
Map of 1112 12Th Street W, Lakeland, FL 33805
Listing Courtesy Of: Mega Property Solutions
riserisbatistarealtor@gmail.com