NEWLY LISTED
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$499,000 USD
902 E LIME Street
LAKELAND, Florida 33801
USA
LAKELAND, Florida 33801
USA
190.259 m2 ::
2,048 sqft
Residential For Sale, Fourplex
Land size: 0.02 m2 ::
0.23 sqft
Sale price per sqm: 2,622.65
Tax: 2,187 USD
Remarks:
Fully leased four-unit investment opportunity near Downtown Lakeland! Located at 902-904 E Lime Street, this income-producing property features four residential units, each offering 1 bedroom, 1 bathroom, a kitchen, and living area. Two units are located within the main residence, with two additional units situated in the detached rear building, creating a unique multifamily configuration with separation between the structures. All four units are currently leased and generate approximately $4,450 per month in gross rental income. The owner currently pays utilities, averaging approximately $634 per month, providing prospective investors with established income and operating history from day one. The property has also demonstrated a strong history of occupancy; prior marketing materials report that it maintained full occupancy for more than a decade. Situated in the Downtown Lakeland area, the property offers convenient access to shopping, dining, employment centers, major roadways, and the amenities of Lakeland's urban core. With 100% current occupancy, $53,400 in annual gross rental income based on current rents, and four self-contained living units, this is an opportunity to acquire an established multifamily property in a central Lakeland location. Please do not disturb tenants. Showings by appointment only. Buyer to verify all measurements, unit information, leases, income, expenses, zoning, and property details.
Features:
- Year Built: 1948
- Appliances: Refrigerator, Microwave, Oven / Range, Ceiling Fan
- Floors: Laminate, Tile
- Roofing: Composition/shingle
- Elementary School: Philip O'Brien Elementary
Location:
902 E LIME Street, LAKELAND, Florida 33801, USA
Listed By CENTURY 21 Myers Realty
The Residential For Sale, Fourplex located at 902 E LIME Street, LAKELAND, Florida 33801, USA is currently for sale. 902 E LIME Street, LAKELAND, Florida 33801, USA is listed for $499,000 USD. This property has 2,048 sqft. If the property located at 902 E LIME Street, LAKELAND, Florida 33801, USA isn't what you're looking for, search Florida Real Estate to see other Homes For Sale in LAKELAND.
