704 W ALAMO DRIVELAKELAND, FL 33813
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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.
| 4 hours ago | Listing updated with changes from the MLS® | |
| 7 hours ago | Listing first seen on site |
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Last checked: 2026-01-13 06:44 PM EST
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