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$420,000

714 Texas Avenue Lakeland, FL 33815 Multi Unit - Multiple Active

  • 714 Texas Avenue, Lakeland, FL 33815 Main Photo

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Description

Located in the heart of Lakeland, FL, this fully remodeled, fully furnished multi-unit property presents an exceptional turnkey investment opportunity with strong income potential and long-term stability. The property features two separate buildings thoughtfully designed for both comfort and functionality. Building A includes a spacious 3-bedroom, 1-bath unit along with a well-appointed 1-bedroom, 1-bath apartment. Building B features two desirable 2-bedroom, 1-bath units-currently operated as a corporate rental, providing added flexibility and attractive income potential.All units have been recently renovated and come fully furnished, making them move-in or rent-ready from day one. Interior upgrades include a combination of durable vinyl/carpet flooring, convenient interior laundry hookups, and private fenced yard space-features that consistently appeal to renters. While utilities are currently included for the corporate rental in Building B, each unit is individually metered, offering the option for separate billing if desired.The property already generates reliable income, with an existing tenant in Building A paying $1,350/month (lease through 4/30/2027), while Building B is secured with a lease in place paying $1,850/month through 1/31/2027, ensuring immediate cash flow and peace of mind.Situated on Texas Ave, this location provides easy access to local shopping, dining, schools, and major transportation routes, all within a welcoming and established neighborhood.Whether you're expanding your portfolio or seeking a turnkey, income-producing asset in a thriving community, this property delivers both value and opportunity.DO not Disturb tenants.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.33 Acres
Roof Type: Shingle
Taxes: $3,628
Year Built: 1970

General Information

Sqft: 1,291
County: Polk
Subdivision: BOWYERS
Listed By:
Steven Koleno BEYCOME OF FLORIDA LLC 804-656-5007

Amenities

Other
Other

Property Features

Annual Net Income: 0.00
Appliances: Microwave, Refrigerator
Directions: Drive east on West Main St. Left to North Florida Ave. Left to George Jenkins Bld/FL 548. Right to Martin Luther King Jr. Ave/FL 563. Left to West Pear St. Left to Texas Ave. Turn right.
Exterior: Stucco
Flood Zone Code: X
Foundation: Crawlspace
Home Warranty Y/N: No
Lot Dimensions: 0.33
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Call Owner
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RA-4
$420,000
1,291sqft
New to the Market Active
BEDS0 BATHS SQUARE FEET1,291 MLS#O6420010
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBOWYERS

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714 Texas Avenue, Lakeland, FL 33815.

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Estimated Payment

$ 1,841.42 per month $1,416.59 Principal & Interest $302.33 Property Tax $122.50 Homeowner's Insurance

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