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902 E Lime Street, Lakeland
$499,000
Mortons Add SubDv. ⋅ 33801 Zip Code
Fully leased four-unit investment opportunity near Downtown Lakeland! Located at 902-904 E Lime Street, this income-producing property features four residential units, each offering 1 bedroom, 1 bathroom, a kitchen, and living area. Two units are located within the main residence, with two additional units situated in the detached rear building, creating a unique multifamily configuration with separation between the structures. All four units are currently leased and generate approximately $4,450 per month in gross rental income. The owner currently pays utilities, averaging approximately $634 per month, providing prospective investors with established income and operating history from day one. The property has also demonstrated a strong history of occupancy; prior marketing materials report that it maintained full occupancy for more than a decade. Situated in the Downtown Lakeland area, the property offers convenient access to shopping, dining, employment centers, major roadways, and the amenities of Lakeland’s urban core. With 100% current occupancy, $53,400 in annual gross rental income based on current rents, and four self-contained living units, this is an opportunity to acquire an established multifamily property in a central Lakeland location. Please do not disturb tenants. Showings by appointment only. Buyer to verify all measurements, unit information, leases, income, expenses, zoning, and property details.

902 E Lime Street, Lakeland

716 E Lime Street, Lakeland
$449,900
3 Beds ⋅ 2 Baths ⋅ Mortons Add SubDv. ⋅ 33801 Zip Code
Looking for a wonderful in town location? Step into a piece of Lakeland history with this beautifully updated 1910 historic home in the highly desirable Lake Morton Historic District. Offering 3 bedrooms, 1.5 baths, and 1,650 heated square feet of living space, this home blends timeless character with thoughtful modern updates. Inside, you’ll find high ceilings, refinished wood floors, architectural wood trim, and a gracious 10x19 formal foyer that could also serve as an additional sitting area. The formal living room features a decorative fireplace, adding to the home’s historic charm. The updated kitchen offers white raised-panel cabinetry, granite countertops, stainless steel appliances, tile backsplash, double undermount sinks, and a convenient stackable washer/dryer closet. Upstairs are three spacious bedrooms and a full bath with walk-in shower, while a charming downstairs powder bath features a wood vanity with granite counter. Freshly painted inside and out, with updated electrical and plumbing, outdoor lighting, and a security system. New tankless hot water heater. Enjoy the rocking-chair front porch, private rear porch with columns and Trex decking, privacy fenced backyard, brick driveway, and large paver rear parking pad that could also function as a beautiful terrace. Situated on a shady 50' x200' with plenty of room to spread out. Situated just steps from Hollis Gardens, Lake Mirror Promenade, Lake Morton, downtown shops, restaurants, and cultural attractions—this is historic Lakeland living brought beautifully into today!

716 E Lime Street, Lakeland