$100 (*More Info)
708 MARTIN L KING JR AVE $209,000 2 br, 1.0 ba Single Family Home
$440,000
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.
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