701 W 6th St, Lakeland, FL 33805

Historic Charm & Unbeatable Value in Lakeland: Discover 701 W 6th St!

Presenting an extraordinary opportunity at 701 W 6th St in the heart of Lakeland, Florida. This spacious single-family home, built in 1921, boasts an impressive 7 bedrooms and 2 bathrooms across a generous 2,500 sq ft of living space. It offers a rare combination of historic character, immense space, and an incredibly attractive price point, making it a dream for large families, multi-generational living, or savvy investors seeking strong rental income potential in a thriving Central Florida market.

Property Features & Highlights:

• 7 Bedrooms & 2 Full Bathrooms: This expansive home provides an abundance of private living spaces, perfect for accommodating a large family, creating dedicated home offices, or exploring multi-room rental strategies.
• Generous 2,500 Sq. Ft. of Living Space: Enjoy ample room for relaxation, entertaining, and everyday activities within this sizable floor plan.
• Built in 1921: This property showcases the solid construction and timeless appeal of a home from this era. It has stood the test of time, offering a sturdy foundation.
• Incredible Value at $199,990: For a 7-bedroom home with 2,500 sq ft, this price is exceptionally competitive in Lakeland. With an estimated refinance payment of just $1,057/month, this property offers an affordable path to homeownership or a high-yield investment.
• Sizable Lot: Situated on a 4,399 sq ft lot, providing manageable outdoor space for enjoyment without extensive maintenance.
• No HOA: Benefit from the freedom and flexibility of homeownership without the burden of homeowner association fees, contributing to lower monthly costs and higher potential returns for investors.
• Property Taxes: Annual property taxes for 2024 were approximately $2,621 (or potentially $2,945 based on a nearby comparable). While showing increases in recent years, these taxes are manageable for a property of this size and potential.
• High Rental Income Potential: This property was previously listed for rent at $1,950/month in early 2023, showcasing its strong income-generating capabilities. The large number of bedrooms makes it particularly appealing for multi-tenant or room-by-room rental strategies.