902 E Lime Street, Lakeland, FL 33801
Local realty services provided by:CENTURY 21 Myers Realty
Listed by:
- Tony Acosta(863) 224 - 5956CENTURY 21 Myers Realty
Office: century 21 myers realty
MLS#:L4965488
Source:MFRMLS
Price summary
- Price:$499,000
- Price per sq. ft.:$178.02
About this home
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....
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Home facts
- Year built:1948
- Subdivision & Development:MORTONS ADD
- Listing ID #:L4965488
- Added:1 day(s) ago
- Updated:October 02, 2026 at 09:53 PM
Rooms and interior
- Flooring:Carpet, Ceramic Tile, Laminate
- Kitchen Description:Microwave, Range, Refrigerator
- Basement Description:Crawlspace
- Living area:2,048 sq. ft.
Heating and cooling
- Cooling:Mini-Split Unit(s)
- Heating:Propane
Structure and exterior
- Roof:Shingle
- Year built:1948
- Building area:2,048 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Paved, Sidewalk
- Construction Materials:Frame
- Exterior Features:Enclosed, Fence, Front Porch, Sidewalk
- Levels:1 Story
Schools
- High school:Lakeland Senior High
- Middle school:Sleepy Hill Middle
- Elementary school:Philip OBrien Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$499,000
- Price per sq. ft.:$178.02
- Tax amount:$2,187 (2025)
Features and amenities
- Appliances:Microwave, Range, Refrigerator
- Laundry features:Electric Dryer Hookup, In Common Area, Washer Hookup
- Amenities:BB/HS Internet Available, Cable Available, Ceiling Fans(s)
- Pool features:Public Pool
Parking
- Parking description:Driveway, Ground Level, Off Street, Parking Pad
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