902 E LIME STREET, LAKELAND, FL 33801

About This Property

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.

Property Overview

Interior Features

Exterior & Lot

Utilities

Parking

HOA & Community

Financial Details

Schools

Directions

From I4, take exit 33 for CR-582 toward FL-33/Lakeland. Turn left onto N Socrum Loop Rd. Turn right onto FL-33 S. Continue straight onto N Massachusetts Ave. Use the left 2 lanes to turn left onto Bartow Rd. Turn right onto E Lime St. Destination will be on the right

Location

Listing Information