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1125 W Olive St Lakeland, FL 33815

For Sale
$525,000

Four units with strong rental income potential in Lakeland, Florida.

Lot size:
0.27 Acres

Property Features for 1125 W Olive St

General Information

Lot size
0.27 Acres

Building Details

Year built
1947

Source: TRIBUTE REALTY LLC Agent Mindy Emerson-Hunley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Income-Producing Duplexes on One Lot

This property features four income-producing units, consisting of two duplexes situated on a single lot, presenting a solid investment opportunity. Unit 1125, located on the first floor, is a 2-bedroom, 1-bathroom unit with a monthly rent of $1150 on a month-to-month lease. The second floor unit, 1125 apartment 2, is a one-bedroom unit renting for $1150 per month, with the lease expiring on August 31, 2026. Units 1123 and 1121 are located in the same one-story building, both with month-to-month leases. Unit 1123 is a one-bedroom unit with a monthly rent of $950, while unit 1121 is a 2-bedroom, 1-bathroom unit renting for $1085 per month.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lakeland
County
Polk
State
Florida
Longitude
-81.972544
Latitude
28.0395068

FAQs

What type of property is this?
Duplex - Four units with strong rental income potential in Lakeland, Florida.
Where is this duplex located?
The property is located at 1125 W Olive St Lakeland, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: - Four income-producing units on one lot.; - Strong rental income potential.; - Unit 1125 (2nd floor) has a lease until August 31, 2026.
More about this property
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