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901 Pennsylvania Avenue , Lakeland, FL 33803

$670,000
  • 901 Pennsylvania Avenue , Lakeland, FL 33803 Main Photo

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New to the Market Active
BEDS16 BATHS SQUARE FEET3,272 MLS#O6433196
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSCOTTS LAKELAND HEIGHTS

Property Description

GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE HEART OF LAKELAND! Located at 901 Pennsylvania Ave, this well-positioned fourplex offers investors the opportunity to own a multi-family property in the highly desirable Lake Morton Historic District. The property consists of 4 spacious 1-bedroom, 1-bath units, each approximately 900 square feet, offering a highly rentable layout and strong long-term income potential.The property maintains much of its original Florida character, including original hardwood floors, solid wood doors, and charming architectural details rarely found in newer construction. Units also feature additional touches such as washer/dryer accommodations, sunrooms adding to their appeal and rental potential.LOCATION IS A MAJOR HIGHLIGHT. The property is conveniently situated near Florida Southern College, Lake Morton, Downtown Lakeland, the public library, museums, restaurants, shopping, entertainment, and major roadways. Its central location provides excellent access to many of Lakeland's most desirable destinations while placing tenants close to employment, education, recreation, and everyday conveniences.Whether you're looking to expand an existing rental portfolio, enter the multifamily investment market, or acquire a long-term income-producing asset, 901 Pennsylvania Ave offers an excellent combination of location, character, multiple rental units, and future income potential.4 units. 1 property. Multiple income streams. A great opportunity to invest in one of Lakeland's established neighborhoods.

901 Pennsylvania Avenue | MLS# O6433196

This multi-family property located at 901 Pennsylvania Avenue , Lakeland, FL 33803 is currently listed for sale with an asking price of $670,000. Search Lakeland real estate on www.realty100.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.10 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $6,997
Year Built: 1902

Amenities

Ceiling Fans(s)
Other
Sidewalk

Feature Descriptions

Additional Rooms: Florida Room
Annual Net Income: 45000.00
Appliances: Gas Water Heater, Range, Refrigerator
Days on Site: 2
Directions: On the corner of Pennsylvania and Frank Lloyd Wright.
Exterior: Frame, Wood Siding
Flood Zone Code: 12105c0315
Foundation: Stilt/On Piling
Home Warranty Y/N: No
Lease Terms: Twelve Months
Lot Dimensions: 0.1
Ownership: Fee Simple
Parking: On Street
Parking Notes: On Street
Patio/Porch: Covered, Front Porch
Pets Size: Small (16-35 Lbs.)
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, ShowingTime
Special Sale Provisions: None
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: C-2

Listed By / Shown By

Listed By

Agency Name: LIST-A-HOUSE REALTY, LLC
Agency Contact: 954-292-4012

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 2,269.63 per month $1,491.13 Principal & Interest $583.08 Property Tax $195.42 Homeowner's Insurance

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