1049 Monroe Street, Lakeland, FL 33801

Property Description

Priced $25k below appraised value, copy available---Rare opportunity to own a charming historic property with built-in income potential in the heart of Lakeland! The main residence offers 1,981 square feet of living space with 3 bedrooms and 2 bathrooms, showcasing the timeless character and craftsmanship of its 1930 construction. Major updates include a new roof in 2017 and HVAC system in 2018, providing added peace of mind. What truly sets this property apart is the detached income-producing building located on the same parcel. The lower-level apartment features 1 bedroom, 1 bathroom, 551 square feet, and a private carport. Upstairs, a separate entrance leads to a 2-bedroom, 1-bath apartment offering 662 square feet. Whether you're looking to offset your mortgage, generate additional monthly income, accommodate extended family, or expand your investment portfolio, the possibilities are endless. Live comfortably in the main home while collecting rental income from both apartments from day one. Unique properties offering historic charm, multiple rental units, and immediate income potential are hard to find—don't miss this exceptional Lakeland opportunity!