302 Cresap St., Lakeland, FL 33815

Attention investors.... This investment property will not last long!! If you are looking for an established multiple unit complex, this is the property for you. Long term tenants are hard to find but not at this location, most tenants have resided on property for 10+ years. This property is a 6-unit residential complex building constructed in 1960 on a 85'x137.5' corner lot in the historical Dixieland area of central Florida. This complex consist of an L-Shaped building with six apartments. Three are 1BR/1BA units including one over-sized unit, three are efficiencies, currently occupied, renting for $325 to $450 per month. Tenants pay rent and their own electric. There are no washer and dryers or laundry facility on property. This neighborhood is a registered historic district dating back to the 1920's. Renovations or new construction must blend with the historic nature of the area. Design Guidelines are administrated thru Lakeland's City Historic Preservation Board Design Review Community. It is the responsibility of the buyer to contact the preservation board re renovations, etc. Seller has no information or knowledge of allowed renovations. Property being sold AS-IS for sellers convenience.