Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1977
Sq.Footage
2,050
Cash-flowing duplex investment in South Lakeland with separate utilities, strong rental demand, and immediate upside. Located at 704–706 W Alamo Drive, this turnkey multi-family property offers a rare opportunity to own an income-producing asset in a rapidly appreciating area. Each unit features private entrances, updated interiors, and durable luxury vinyl plank flooring throughout. One unit is vacant and move-in ready — perfect for house hacking or an owner-occupant. The second unit is tenant-occupied on a month-to-month lease, providing flexibility for investors. Bonus features include an enclosed garage, covered carport, off-street parking, and a large yard with outbuilding/workshop potential. No HOA. Flood zone X. This property is ideal whether you’re building a rental portfolio, looking for low-maintenance cash flow, or seeking future redevelopment potential close to downtown Lakeland, shopping, dining, and major roadways. Income-producing properties like this are rare in today’s market.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Block
-
Other Exterior Features
Storage
-
Parking
Boat, Garage Door Opener, Garage Faces Rear, Off Street, Workshop in Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Level, Paved
-
Lot Size(acres)
0.34
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$449,000
-
Tax Amount
4183.67
-
Sq. Footage
2, 050
-
Price/SqFt
$219
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
19
-
Water Source
Public
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Location
County
Polk
Elementary School
Middle School
High School
Listing Courtesy of Stephen Hachey , FLAT FEE MLS REALTY
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