Excellent income-producing opportunity in Lakeland featuring a main residence plus detached in-law suite (ADU). The main home offers 3 bedrooms, 2.5 bathrooms, plus a den/office (which can be used as a 4th room), while the rear unit includes 1 bedroom, 1 bathroom, and a kitchen — ideal for rental income, multi-generational living, or living in one while renting the other! Strong upside potential with the ability to generate multiple income streams. With improvements and stabilization, similar properties in the area have supported combined rents in the ~$2,500–$3,000+/month range (buyer to independently verify). The In-Law Suite is currently on rent for $1000/month with a month to month lease, that's immediate income! Property includes a fenced backyard, additional storage structures, and an in-ground pool. The pool is currently not in service and will require repair or restoration. Being sold AS-IS, this property presents a great opportunity for investors or buyers looking to add value and maximize returns. Conveniently located near shopping, major roads, and central Lakeland amenities.
98 days
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1,596
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112
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Zillow last checked:
Listing updated:
Listed by:
Nikhil Vashist352-901-3786,
THE FLORIDA PROPERTY SHOP SALE352-346-7857
Source: Stellar MLS,MLS#: G5110900Originating MLS: Lake and Sumter
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Rooms
Room types: Den/Library/Office
Primary bedroom
Features: Built-in Closet
Level: First
Bedroom 2
Features: Built-in Closet
Level: First
Bedroom 3
Features: No Closet
Level: First
Bathroom 1
Features: No Closet
Level: First
Bathroom 2
Level: First
Bathroom 3
Level: First
Bonus room
Features: No Closet
Level: First
Kitchen
Features: Built-in Closet
Level: First
Laundry
Features: No Closet
Level: First
Living room
Features: No Closet
Level: First
Heating
Central, Electric
Cooling
Central Air
Appliances
Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator
Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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