1880 Lakeview Dr, Sebring, FL 33870

Unleash the full potential of this golden opportunity in downtown Sebring, home of HGTV's newest season of Home Town Takeover! Within walking distance to “The Circle,” this multifaceted property is a strategic gem featuring 4 units, double street exposure, ample parking, a fenced yard, and an inviting inground pool. The current configuration allows for the lucrative option of renting out three units while enjoying the perks of the fourth for free. With R3 Multifamily zoning, the potential for rental income is boundless. The units are currently unoccupied, offering a blank canvas for your vision and customization. In addition to traditional rentals, the property is ideal for accommodating a blended family or providing independent living space for aging parents, a warm winter retreat for snowbirds, short-term rentals catering to traveling nurses, race teams & fans attending the Sebring International Raceway - home to the legendary Mobil 1 Twelve Hours of Sebring as well as year-round on-track activities of more than 175 individual events on nearly 300 days a year. The original 2-story home exudes vintage charm, presenting a downstairs unit with 2 bedrooms, a full bathroom, living room, kitchen, dining room, enclosed front porch, and rear laundry area. Upstairs, a separate entrance leads to a charming apartment with a bedroom, living room, kitchen, bathroom, dining area, and laundry—offering versatility and value. Savor breathtaking views of Lake Jackson and stunning sunsets from the living room windows. The backyard oasis, complete with an inground pool surrounded by a 6 ft white PVC privacy fence, adds an enticing element for potential tenants. Enhancements such as recently replaced roofs (2021 & 2022), a Trane A/C & Heating unit (2021), and updated ductwork ensure a solid foundation for your investment. While this 1930's gem could use a touch of TLC, the canvas is primed for transformation. For added peace of mind, recent home inspections for insurance purposes are available to qualified buyers. Seize this outstanding opportunity to elevate your investment portfolio—call today to schedule a showing and secure this prime downtown property! Living square footage=Unit 1: 1765sq/ft Unit 2: 820sq/ft Apt 1: 600sq/ft Apt 2: 600 sq/ft