Residential Property - Single Family Residence in Lakeland
Listing Price: $127,900 (Mortgage Calculator →)
Description of Property
Investor opportunity in Lakeland with tenant already in place and producing immediate cash flow. This 3-bedroom, 1-bath home features a spacious open floor plan, large fenced backyard, solid subfloors, and a strong foundation. Roof was replaced approximately 2 years ago, and the HVAC system is under 10 years old and operating properly. Property is currently tenant occupied with lease in place through October 2026 and tenant paying market rent — offering investors stable income from day one. Priced well below comparable renovated properties, this is a great opportunity for a buy-and-hold investor looking to add to their rental portfolio. Property is being sold as-is, with strong upside potential and major systems already addressed.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lakeland
County: Polk
Subdivision: Weswego Sub
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 920
Sq. Ft. Living Area: 920
Cost per (heated) sqare foot: $139
Year built: 1958
Annual Tax: $1,147
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Siding
Foundation: Crawlspace
Roof: Shingle
Exterior Features: None
Carport: Yes
Carport Spaces: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.18
Lot Size (sq. ft.): 7,789 square feet
Front Exposure: East
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 232811033500009220
Zoning: RB-1
Tax Legal Desc.: WESWEGO SUB UNIT NO 2 PB 12 PG 15 BLK 9 LOT 22
Section: 11
Range: 23
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.