With incredible passive income possibilities, this Lakeland jewel is perfect for the savvy investor or those just starting out looking for an astonishing money-generating property. 7924 N Socrum Loop comprises 3 single-family houses all on one lot! Unit 1 has 2 bedrooms, 1 full bathroom, screened-in porches, and over 1,296 sq feet of living space. Unit 2 has 4 bedrooms (2 masters), 2 full bathrooms, a carport, tons of storage, and over 1,681 sq ft of living space. Unit 3 has 1 bedroom, one full bath, a screened-in porch, and 900 sq ft of living space. All properties have private patios, dining/ living room areas, generous closet space, individual HVAC Units, updated roofs, and laundry facilities. This Triplex is low maintenance with considerable upside potential. Current owners had renters in place until recently, generating $10,000/mo. Don't miss this fantastic opportunity to own an extraordinary income-producing property in Lakeland, Florida. Schedule your showing today and see yourself! You'll be glad you did.
Courtesy: HOMESTEAD REALTY INC
407-367-4201
Under contract-accepting backup offers. SOLD 'AS IS' Beautiful duplex in the desirable Secret Cove Subdivision. Each unit comes with 2 beds and 2 baths. The roof was done 6 years ago and each apartment was recently renovated with new kitchen and baths. Tenants pay their own utilities, water and sewer charges. There is a convenience store at the beginning of the subdivision and all roads have been recently repaved by the owners! All stores viz Walmart, Publix, Lowes, including shopping plazas etc. are just a few miles away on Highway 92.
Courtesy: VESTI LLC
407-749-5489
1105 & 1107 Old South Dr Current tenant pays $1550 monthly. In consideration of tenant, please do not disturb. Serious buyer can of course view occupied portion. Convenient to Polk Parkway. Living/Kitchen/Dining Area combined: 14x24. Bedrooms 12x09 and 10x10 This duplex comes with a stove, sink, and refrigerator. There is ample room in the dining area with a wonderful window to let in natural light in the dining area. The modern kitchen and tile floors with the addition of the windows open up the space and make it comforting and welcoming. The bathroom is in the hallway so guests do not have to enter the bedrooms. Give us a call today and ask about our move-in deal!! YOU GOT TO COME TO SEE IT TODAY. All information provided is not guaranteed and the agent should verify all information. Land, Site, and Tax Information.
Courtesy: EXP REALTY LLC
407-846-0940
CORNER LOT BLOCK DUPLEX! TOP LOCATION! MINUTES FROM hospitals and top-rated schools and major roads. Roof 2021, both units have 2024 main electric panels. 2021 waterheaters, each unit has his own water meter, and electrical meters! HVAC unit B is brand new! Plumbing and electric were also taken care of. Both units were remodeled in 2021, with an upgraded floor in unit A installed November 2024. You will find 3 Bedrooms and 2 Bathrooms in unit A. This big unit offers a modern open floorplan with a open kitchen with georgious backsplash, granite countertops and stainless steel appliances, Dual sink vanities in main bathroom! Unit B offers 1 bed 1 bathroom apartment, also totally updated and offers a super functional layout. This property is perfect for those looking to rent out a room, or use one of the units as a "mother in-law" investors looking for a property in a great location to rent to others. Come see this prime location today by calling to schedule a private showing.
Courtesy: REMAX EXPERTS
863-802-5262
Welcome to this versatile rental property, offering both a spacious main home and a fully separate in-law suite—perfect for tenants seeking a flexible living arrangement with rental income potential. Situated on a generous 0.57-acre lot, this property provides ample space for privacy and outdoor enjoyment. The main home features 4 bedrooms and 2 bathroom, with tile flooring throughout for easy upkeep. It’s move-in ready with potential for future updates, offering an open floor plan and abundant natural light. The large backyard is perfect for outdoor activities, and there’s additional storage space at the rear of the property. The main kitchen includes shaker cabinets and plenty of countertop space for meal prep and cooking. The self-contained in-law suite is currently rented, providing a reliable income stream is a 2 bed 1 bath unit. It has its own kitchen, bathroom, and separate driveway access for enhanced privacy, with a fence separating it from the main home. This suite can remain rented or serve as an additional space for multi-generational living, offering privacy and independence. This property’s generous lot, quiet location, and convenient access to I-4 make it an ideal rental option for tenants seeking flexibility and potential income. Don’t miss this unique opportunity—contact me today to schedule a showing!
Courtesy: CMTG REAL ESTATE GROUP
863-698-7990
Welcome to 1112, 1114, 1118 & 1120 Gay Rd. If you are ready to add to your Investment Portfolio, then look no further than these brand new, block construction duplexes! These 2024 built duplexes have 3 bedrooms and 2 full bathrooms with a total living area of 1,235 sq. ft. The kitchen has Quartz counter tops and a full kitchen appliance package. Entire unit has vinyl flooring, no carpet. Amble parking with 2 spots per unit. The expected rent for each unit is $1,900. Tenants pay their own electric and water. The units are on city water and septic. Call today!
Courtesy: DALTON WADE INC
888-668-8283
545 Ariana is a concrete block,move in ready 3/2 that’s was rehabbed in 2018. Long term tenant in place who would like to stay, but open to cash for keys. 543 Ariana is a dated, move in ready 2/1. Built in 1927 stick frame. Vacant. Last lease was at $1195. 543 is a guest House Ideal for in-laws, guests, or as a rental property. offers endless possibilities. Are you a house hacker? You could live in 543 and rent out 545 for ~$2200 to cover mortgage, property tax, and insurance. Roofs, HVAC systems, Water heater all replaced in 2018. Both houses share 1 water meter, each has its own electric. Tile throughout. Both have washer dryer hookups. Off street parking.
Courtesy: ELITE INVESTORS REALTY LLC
407-992-8330
SELLER IS PAYING $15,000 TOWARDS CLOSING COSTS, PRE-PAIDS, AND OR RATE BUY-DOWNS WITH FULL PRICE OFFER!!! This 3,763 square feet 10-bedroom 3 bathroom renovated home (new flooring, new water heaters, new electrical breakers, new bathroom cabinets, new doors, new paint, etc.) has 4,768 square feet under roof and is ideal for an investor or a home owner. It is a duplex with two separate addresses, two mailboxes, separate parking for both units, and is in a quiet neighborhood with no HOA. The home has a good rental income. Please do not disturb the tenants. Showing can be arranged. As an investor, you can earn $55,796 in gross annual rental income. The 518 N Ohio Ave. unit has 6 bedrooms and 2 bathrooms, has high ceilings and an open floor plan. The first floor has a large kitchen, extra-large living room, dining room, 2 large bedrooms, 1 bathroom, 2 open porches, and plenty of closets. The second floor has three large and one medium bedroom with 1-bathroom, large walk-in closet and attic for storage. This unit is ideal for an owner to live in and rent the other unit to pay off the mortgage. The 704 W Magnolia St. unit has a separate entrance and separate parking and mailbox and has 4 bedrooms, one bathroom, kitchen, living room, hallway, and porch.
Courtesy: LAND SOUTH REALTY, LLC
863-937-8867
Welcome to 724, 726, 728/730 Park Hill - your gateway to historical charm and modern comfort! Nestled in the heart of the historical district, this property boasts three separate buildings with a total of four distinct units, each offering its own unique allure. Let's begin with 724 Park Hill, where two spacious bedrooms await, complemented by a refreshing bath. Step onto the screened porch and savor the tranquility of the surrounding landscape. And with a generous yard, there's ample space for outdoor enjoyment. Next door at 726 Park Hill, discover another gem featuring two inviting bedrooms and a well-appointed bath complete with a separate shower and shower/tub combination. Then, journey to 728/730 Park Hill, where a single-family home has been thoughtfully divided into two separate 1-bedroom, 1-bath apartments. Whether you're seeking privacy or convenience, these units offer a cozy retreat to call your own. All units provide easy alley access, ensuring hassle-free parking and entry. Immerse yourself in the beauty of the lush tree-lined streets, just a leisurely stroll away from the serene shores of Lake Morton. And with downtown shopping, dining, parks, and bike trails within walking distance, every convenience is at your fingertips. Don't miss this opportunity to experience the historic charm at 724, 726, 728/730 Park Hill. Schedule your viewing today and make your dream of refined living a reality!
Courtesy: LPT REALTY
877-366-2213
CASH COW HERE! This incredible FULLY OCCUPIED INCOME PRODUCING PROPERTY is a must-see! With a fantastic 9.98% CAP RATE and 14.15% CASH ON CASH RETURN, this asset offers a reliable source of PASSIVE INCOME for savvy investors. OFFERING MEMORANDUM AVAILABLE VIA EMAIL. FINANCING PACKAGE AVAILABLE for the new buyer. The property consists of a wonderful 3-bedroom SINGLE FAMILY HOME and an attached 3-unit TRIPLEX, providing an excellent potential for substantial revenue. The entire property has undergone a COMPLETE RENOVATION and boasts NEW KITCHENS AND BATHROOMS, a NEW ROOF and NEW SEPTIC TANK, providing ultimate peace of mind for the owner. The ample parking space available on the property is another great feature, making it easy for tenants and guests to have a convenient parking experience. If you're in search of a TURN-KEY investment opportunity, look no further than this exceptional property. Schedule a viewing today and take the first step towards making a wise investment choice!
Courtesy: KELLER WILLIAMS REALTY SMART
863-577-1234
This updated duplex is ready for its next buyer to begin their real estate portfolio. This duplex includes two renovated and immaculate living spaces: one side is a 2 bedroom, 1 bathroom and the other side is a 1 bedroom, 1 bathroom home with a current established renter. This makes this property income producing on day 1. Both sides of the duplex have their own indoor laundry rooms with brand new washers and dryers that are staying with the property, stainless steel appliances, updated cabinets and tile backsplash in the kitchens, and fully renovated bathrooms. This property is truly move-in-ready. Have an investment property while you live on the 2 bedroom 1 bathroom side as your primary residence, or purchase the home as an investment and rent both sides. This home has all new windows (2024), updated electric (2024), and also an updated metal roof (2023). The house carries a current termite bond which is transferable to the new owners. Call today for a showing.
Courtesy: VYLLA HOME
813-947-7996
PRICE REDUCED: Rare Lake Morton investment opportunity! If you're looking to add to your investment portfolio or perhaps become a first-time investor, this established Quadplex is the perfect opportunity to own a piece of Lakeland’s history. Built in 1925, this 4 plex features 2 bedrooms and 1 bath units and approximately 930 sq/ft. Packed with charm and nostalgia, the units have original hardwood flooring, solid wood doors, french doors, and large windows that let in tons of natural light, washers and dryers in each unit, and some units have a sunroom and a skylight! Lovingly owned by the same owners for 50 years, it is time to turn the page to the next chapter and allow the next owners to create their own vision with this timeless gem. Nestled in the Lake Morton Historic District, just steps from Florida Southern College, Library, Museum, quaint restaurants, beautiful Lake Morton, and all that downtown Lakeland bringsThis property could even the next area’s Airbnb or upscale professional housing, the possibilities are endless. Properties in this desirable area rarely come on the market, so don’t delay…contact us today for more details and a private showing.
Courtesy: SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
863-648-1528
TREMENDOUS INCOME OPPORTUNITY! Located in one of the fastest growing areas of South Lakeland, this is multifamily development, consisting of 6 park owned mobile homes, and 7 single family (small) homes. The six mobile homes are part of the Florida Mobile Home Registry under Pa-pa Bears Mobile Home park. The other 7 homes are part of the same parcel - each have a separate mailing address. Current annual income of $131,580, with upside to grow to another 10% quickly. Lakeland and Polk County are among the fastest growing places in the U.S., as the City sits in the middle of Tampa and Orlando on the I-4 corridor. In the immediate area, new apartment developments have been built, and several shopping areas, including Publix, across the street. There are primary, middle and high schools very close by, and the main thoroughfare, US 98 stretches from the north side of Lakeland to the south side. The annual rental income is $131,560, and all expenses are detailed and accounted for, giving us a current cap rate of 8.26%
Courtesy: COLDWELL BANKER REALTY
813-685-7755
Seize this fantastic opportunity with a high-potential duplex, already generating income. Situated in a thriving market with rising property values and strong rental demand, this property is a smart addition to your portfolio. With reliable tenants in place, you can start earning immediately. The freedom of no HOA restrictions gives you more control over your investment. Located near major highways, shopping, and dining, this duplex is ideally positioned to attract long-term tenants. A bit of cosmetic work can significantly increase its value and appeal, maximizing your return on investment. The Lakeland area is experiencing a surge in growth and development, making this the perfect time to invest.
Courtesy: ALL-IN REALTY LLC
863-397-8663
Welcome to your new multifamily apartment investment opportunity in the Lake Morton Historic District! This stunning 12 unit apartment building has been completely remodeled in the North Building and partially remodeled in the South Building. As a contributing building in the historic district, the Mediterranean Revival architecture is sure to impress. You'll love the classic charm and character of the building, which has been carefully restored to maintain its historic integrity. Inside, each unit has been fully renovated to provide modern conveniences and comfortable living. From the brand new appliances to the updated fixtures, you'll love the attention to detail throughout. The building also features an on-site laundry facility, making it easy and convenient for tenants to keep their wardrobe fresh and clean. And with a spacious courtyard, tenants will have plenty of room to enjoy the beautiful Florida weather and relax in a peaceful outdoor setting. This is a rare investment opportunity to own a beautifully restored historic building in the heart of Lakeland. Don't miss out on the chance to add this wonderful multifamily apartment to your investment portfolio!
Lakeland is located in Florida. Lakeland, Florida has a population of 110,401. Lakeland is less family-centric than the surrounding county with 25.3% of the households containing married families with children. The county average for households married with children is 26.62%.
The median household income in Lakeland, Florida is $52,972. The median household income for the surrounding county is $55,099 compared to the national median of $69,021. The median age of people living in Lakeland is 40.9 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 50 degrees. The average rainfall is approximately 53 inches per year, with 0 inches of snow per year.
