1630 FRUITWOOD DRIVE at

1630 FRUITWOOD DRIVE

For sale Days on market 73

$199,000

$131/sq ft

$40,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1987

Sqft

1521

Property Type

Single Family Residence

Property Description

Investor Special – Don’t miss this incredible income-producing property offering instant cash flow from reliable tenants! This spacious 5-bedroom, 3-bathroom home sits on a corner lot and features a converted garage currently serving as an additional bedroom. The original garage door remains in place, giving buyers the flexibility to easily restore it to a garage if desired. The home is tenant-occupied with a lease through November 30, 2026, generating $2,400 per month in rental income and delivering an impressive cap rate above 12%. Located in a stable rental area of Lakeland, this property offers strong returns and long-term potential for any investor’s portfolio. A great opportunity to purchase a turn-key rental with solid tenants and steady revenue from day one!

Property Details

MLS#

TB8446347

Total Floor in Bldg

Address

1630 FRUITWOOD

City

Lakeland

State/county

Zip/Postal Code

33805

Area

Orangewood Community

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,210

Maint Fee

$--

Tax Year

2024

Dishwasher

Microwave

Range

Refrigerator

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