2248 Olney Rd., Lakeland, FL 33801

This has been a 1-owner same family property since it was built. Move right in this 3-BR 1-BA home with spacious living area. The property features a separate attached laundry area and a detached work shop. The work shop area can be converted into a 2nd-Bathroom if desired. Resent inspections provide security in the fact that this home is solid in structure with a good roof, ice cold AC, recently cleaned septic, fenced yard and irrigation system. Local home prices are on the rise and inventory is short so don't delay in taking advantage of this property at below market pricing............ IF YOU ARE AN INVESTOR: The opportunity is trading at a 12% CAP and 29% Cash on Cash ROI with financing and upon lease-up for off-campus student housing. The student body is gearing up for the return to school now so don't miss out on the demand. Per Student are paying $300-$400 per person. This property sleeps 6 and has been sought after by the athletic dept. of the University. The income and expense documents are attached to the documents section of the MLS. For the investors seeking additional information, checkout the weblink in this listing The property is not for rent. Showings of the property will be allowed via lock box to Licensed Agents. Call to schedule or inquire further.