518 Francis Blvd., Lakeland, FL 33801

518 Francis Blvd., Lakeland, FL 33801
Photo 1 of 1
$362,300
Sold on 4/24/24
Beds Baths Sq. Ft. Taxes Built
4 0.00 2,414 $3,922 1950
On the market: 70 days
View full details, photos, school info, and price history
Seize this exceptional investment opportunity in the Cumberland Historic District, ideally located near Florida Southern College, Grove Park, Lakeland High School, Lake Hollingsworth, and Historic Downtown Lakeland. This property features a diverse mix of units: a 2 bed/2 bath apartment with a large living room, oversized kitchen, and Florida room, currently rented for $1,125; a spacious 1 bed/1 bath with a huge living area and eat-in kitchen, potential rent of $1,350; and a detached 1 bedroom efficiency, currently at $900. Each unit has separate electric meters, and the duplex boasts newer central AC units, ensuring comfort and efficiency. Adding to its value, the property received a new roof in 2022, enhancing its appeal and durability. Impeccably maintained and strategically positioned, this property promises a lucrative passive income stream, making it an ideal addition to your investment portfolio. View and bring an offer today to capitalize on this rare opportunity for sustained income in a sought-after location. PLEASE DO NOT APPROACH / DISTURB TENANTS. By appointment only. *Please also check out two duplexes (4 units) at 902 and 910 Castleway, Lakeland (MLS #s L4942603, L4942605).
Listing courtesy of Milton De La Cruz, LAKELAND HOMES AND REALTY, LLC