For sale· 1 day on market

611 LINCOLN

Lakeland, FL, 33815·MLS# L4964435

$185,000

Estimated $1,212/mo estimated

3
Bedrooms: 2
Bathrooms: 1,326
Sq ft: 0.14 ac
Lot size: 1937
Year built: $140
Per sq ft

New listing
Residential
Built 1937

About this home

Income-producing investment opportunity just minutes from Downtown Lakeland! This 3-bedroom, 2-bath single-family home is currently tenant occupied, with each of the three bedrooms individually rented and tenants sharing the common areas. The home is furnished, and current rents include utilities and Wi-Fi. The property is currently generating $555 a week in gross rental income, providing an established income stream for a potential investor. Additional flex space offers options for an office, hobby area, storage, or other non-bedroom use. Conveniently located near Downtown Lakeland with easy access to shopping, dining, major roadways, and area amenities. Excellent opportunity for an investor looking to add an income-producing property to their portfolio or for a buyer considering future alternative uses. Tenant occupied. Please do not disturb tenants. Showings by appointment only.

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2 full
Living area: 1,326 sqft

Property

Type: Residential
Year built: 1937
Lot size: 0.14 acres

Financial

Annual taxes: $2,072
Price / sqft: $140

Estimate your monthly payment

Down payment$37,000

Interest rate

Loan term

$1,212/ month estimated

Principal & interest$965
Property tax$170
Insurance$77

Illustrative estimate — not a lending offer.

Location

Lakeland, FL

Similar homes nearby

$2,200/mo

3 bd · 2 ba · 1,554 sqft

10636 WHITMAN

$1,100/mo

2 bd · 1 ba · 684 sqft

6954 POMPEII

$179,900

1 bd · 1 ba · 730 sqft

5311 HANSEL

Courtesy of LA ROSA REALTY PRESTIGE

reThought Real Estate

My local team · (407) 974-5509

Choose a day

My name

My email

My phone (optional)

My notes (optional)

I agree to be contacted by reThought Real Estate by phone and email regarding my inquiry.

I agree to receive recurring marketing and promotional text messages from reThought Real Estate at the phone number provided, such as new listings, home search updates, and promotions. Consent is not a condition of purchase. Message frequency varies. Msg & data rates may apply. Reply STOP to opt out, HELP for help. See our Privacy Policy and Terms of Service

Free, no obligation · A reThought agent confirms within the hour during business hours.

Call Text

Listing data courtesy of LA ROSA REALTY PRESTIGE. My request routes to reThought Real Estate in DashBrew CRM.

$185,000

3 bd · 2 ba · 1,326 sqft