E. Fern Rd., Lakeland, FL 33801

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This off-market concrete block home in Lakeland could be a flip or a rental with equity. Rental income is over 8% APY. The property consists of a 3 bedroom, 1 bathroom main house and a 1 bedroom, 1 bathroom attached in-law suite. We recommend rehabbing this property and reselling as a 4/2, newly remodeled home once the project is completed! The main house is rented to a long term tenant at $775 per month and is currently on a month to month lease. The in law suite is vacant and was being used as a separate rental for $425 per month. This property is on city water & sewer. Flips and solid rental opportunities in Lakeland don’t last long. Call today to set up a showing!

Shore Acres, No HOA

Est. Rehab: $22,500

Est. ARV: $199,900

Current Rent: $775 (main house only)

Market Rent: $1,200 (both main house and in-law suite)

  • Address: East Fern Road, Lakeland, Florida 33801 
  • Price: $129,900 
  • Availability: Sold 
  • Listing Type: Single Family 
  • Bedrooms:
  • Bathrooms:
  • Total Square Feet: 2166 
  • Construction Type: Block 
  • Year Built: 1955 

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