Property Description
Excellent investment opportunity in the heart of Lakeland! This fully occupied, income-producing quadraplex at 602 Emma St features four separate 1-bedroom, 1-bathroom units, ideal for generating consistent rental income or expanding your portfolio. Each unit offers a functional layout, appealing to a wide range of tenants. Situated in a central Lakeland location, the property provides convenient access to shopping, dining, major roadways, and local amenities, making it attractive for long-term renters. A newer roof installed in 2021 adds peace of mind and reduces near-term maintenance costs. Whether you're a seasoned investor or just getting started, this multi-unit property offers strong income potential in a growing market. Don't miss your chance to secure a solid asset in a prime location!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
Heating: Other, Ductless
Lot Size: 0.11 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $4,857
Year Built: 1930
Square Feet: 2,560
Amenities
Split Bedroom
Balcony
Lighting
Feature Descriptions
Annual Net Income: 30000.00
Days on Site: 3
Directions: From I4, head south on US98, turn right onto W Memorial Blvd, turn left on Texas Ave, property is down the street on the corner of Texas Ave and Emma St.
Exterior: Frame
Flood Zone Code: X
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA
Lot Dimensions: 0.11
Ownership: Fee Simple
Pets Allowed: Yes
Pets Restrictions: No pet restrictions
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox, See Remarks, ShowingTime
Special Sale Provisions: None
Units: 4
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RA-4
Listed By / Shown By
Listed By
Agency Name: ALL COUNTY POLK PROPERTY MANAG
Agency Contact: 863-510-5965
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 2,373.57 per month $1,856.53 Principal & Interest $404.75 Property Tax $112.29 Homeowner's InsuranceChange Payment Information
Print This Listingx
Select a format below, new window will open and will prompt you to print.
602 Emma Street | MLS# L4960315
This multi-family property located at 602 Emma Street, Lakeland, FL 33815 is currently listed for sale with an asking price of $385,000. Search Lakeland real estate on www.watsonrealtycorp.com today.