

Overview
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About this home
1112 W 12th St is a 1926-built home in Parkland Add, Lakeland. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,536 square feet of living space. Listed at $199,000 (about $130/sqft), 9 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
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 .
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
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Sample: 103 closed home sales in 33805 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$199,000
$130 per sq ft
Beds and baths
4 beds, 2 baths
Size
1,536 sq ft
Time on market
9 days
Year built
1926
Monthly payment
About $1,372/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,811 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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