$390,000

303 W 5TH STREET, Lakeland, FL 33805

  • 5 beds |
  • 3 baths |
  • 1,928 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $202/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

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!

Listing Status:
Active
Date Added:
July 22, 2026
Data Last Updated:
July 27, 2026 at 7:24AM
Listing Office:
HOME PRIME REALTY LLC : 813-497-4441
Listing Agent:
Talia Cruz Martinez : 786-326-6134
MLS ID:
TB8531497
  • General: Ceiling Fans(s)Solid Surface CountersSplit Bedroom
  • Appliances: MicrowaveRangeRefrigerator
  • Laundry: Inside
  • Flooring: CarpetCeramic TileLaminate
  • A/C: Central AirMini-Split Unit(s)
  • Heating: Central
  • General: Private EntranceSidewalk
  • Roofing: Shingle
  • General: BlockStuccoOneSlab
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Polk
  • Zoning: RA-4WASHINGTON PARK PB 1 PG 99 BLK 13 LOT 823-28-12-055500-013080
  • Utilities: BB/HS Internet AvailableElectricity Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Talia Cruz Martinez , HOME PRIME REALTY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby