About 303 W 5th Street
Under contract-accepting backup offers. 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!
Features of 303 W 5th Street
| MLS® # | TB8531497 |
|---|---|
| Price | $385,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,928 |
| Acres | 0.13 |
| Year Built | 1947 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Pending |
Listing Details
| Office | HOME PRIME REALTY LLC |
|---|
Listing Map
Neighborhood Information for 303 W 5th Street
Growing Population, Moderate Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Hadley's Early Education Preschool Private - to |
0 Miles | |
|
Rochelle School Of The Arts Public - Kindergarten to 8Th Grade - Closest Elementry School |
0 Miles | |
|
Lincoln Avenue Academy Public - Kindergarten to 5Th Grade |
0 Miles | |
|
|
Solutions Academy Private - to |
0 Miles | |
|
|
St Luke S Christian Academy & Preschool Private - Preschool to 5Th Grade |
1 Miles | |
|
|
Greater St Paul Academy Private - Kindergarten to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
Mckeel Elementary Academy Public - Kindergarten to 6Th Grade |
1 Miles |
School data provided by GreatSchools