303 W 5th St, Lakeland, Florida 33805
- $390,000
Overview
- Single Family Residence, Residential
- 5
- 3
- 1928 Sqft
Description
Incredible income-producing property in Lakeland! Completely renovated from top to bottom with fresh paint, modern finishes, and all-new systems, this multi-unit property is a true turnkey investment. Two Smart Ways to Buy: As an Owner-Occupant: Move right into the spacious main house (market value estimated at $2, 000/month) while the two secondary units already generate steady income ($1, 100/mo and $1, 200/mo). The main house will be vacant in August, and the other units are secured with stable 1-year leases and deposits in place. As a Pure Investor: Lease out the main house to maximize your cash flow, bringing the total gross monthly income to approximately $4, 300/mo from day one. Featuring a versatile layout, brand-new updates throughout, and a fantastic location, this high-return property offers endless flexibility and immediate results. Schedule your showing today!
Address
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Address: 303 W 5TH STREET
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City: Lakeland
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State/county: FL
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Zip/Postal Code: 33805
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Country: US
Details
Updated on July 22, 2026 at 8:33 pm-
Property ID HZTB8531497
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Price $390,000
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Property Size 1928 Sqft
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Land Area 0.13 Acres
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Bedrooms 5
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Bathrooms 3
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Year Built 1947
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Property Type Single Family Residence, Residential
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Property Status Active
Additional details
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Roof Shingle
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Utilities BB/HS Internet Available, Electricity Connected
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Sewer Public Sewer
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Cooling Central Air, Mini-Split Unit(s)
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Heating Central
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Flooring Carpet, Ceramic Tile
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County Polk
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Property Type Residential
Mortgage Calculator
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