1112 W 12th Street, Lakeland, FL 33805
Local realty services provided by:ERA ONETEAM REALTY
Listed by: riseris contreras
Office: mega property solutions
MLS#:TB8554581
Source:MFRMLS
Price summary
- Price:$199,000
- Price per sq. ft.:$99.7
About this home
Excellent Investment Opportunity with Strong Income Potential!
Whether you're looking to start or expand your real estate portfolio, this property offers an attractive combination of immediate rental income and additional income potential.
The property currently features 3 income-producing units generating approximately $1,900 month. In addition, there is a separate independent space with an estimated rental potential of approximately $1,400 month, creating an opportunity to significantly increase the property's overall cash flow.
Income Potential:
* Current rental income: $1,900/month
* Additional projected rental income: $1,400/month
* Total potential gross income $3,300/month
* Potential gross annual income: $39,600/year before expenses
With multiple income streams and the opportunity to build long-term equity, this property could be a great addition to an investment portfolio.
Don't miss this opportunity! Contact us today to schedule your private showing and explore the income potential this property has ....
Contact an agent
Home facts
- Year built:1926
- Subdivision & Development:PARKLAND ADD
- Listing ID #:TB8554581
- Added:2 day(s) ago
- Updated:October 05, 2026 at 06:41 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile
- Kitchen Description:Range, Refrigerator
- Bedroom Description:High Ceilings
- Basement Description:Crawlspace
- Living area:1,536 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1926
- Building area:1,536 sq. ft.
- Lot area:0.14 Acres
- Construction Materials:Frame
- Exterior Features:Private Mailbox
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$199,000
- Price per sq. ft.:$99.7
- Tax amount:$2,811 (2025)
Features and amenities
- Appliances:Range, Refrigerator
- Laundry features:Washer Hookup
- Amenities:High Ceilings
- Pool features:Public Pool
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