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PDFNEIGHBORHOODSCOUT REPORT- RAYMOND AVE.pdf
Details
  • Bedrooms 0
  • Full Baths 0
  • Half Baths 0
  • Levels 0
  • Lot Size 0.21 Acres
  • Parking On Site
  • Basement No
  • Water Well
  • HOA No
  • Sewage Septic
  • Property Type Land

  • Listing # 9816992
  • Start Date
  • End Date

6901, 6905 Raymond Ave, Lakeland, FL 33811

--Multi-family - 2 Units

Opening Bid $120,000.00 ( )

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Current Bid $120,000.00 ( )
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Remaining Time 15 Days, 23:23:55
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  • Starting Bid: $120,000.00
  • 0 Bid(s)
Full Description

Investment Opportunity | Dual-Unit Multifamily in Lakeland ---- Excellent Cash-Flowing Asset with Seller Financing Available

Presenting a unique investment opportunity in Lakeland, FL: two renovated manufactured single-family homes situated on a single 0.21-acre parcel. This property is perfectly positioned for an investor looking for a high-yield "hold" or a strategic "fix and flip" in a growing market.

This property offers immediate stability with a combined annual gross income of $27,600. With the potential for future rent increases and steady value appreciation in Polk County, it serves as a robust addition to any portfolio.

SELLER FINANCING: 20% down and balance amortized over 30 years with a 5 year balloon note

Investment highlights:

  • Two Units: Both are 1970-built, 768 sq. ft. single-wide manufactured homes.
  • Strong Revenue: Currently generating $2,300 total gross monthly rent ($1,150 per unit).
  • Flexible Financing: Seller-carry option minimizes initial capital outlay.
  • Value-Add Potential: Room for rent growth and long-term equity appreciation.
  • Recent Updates: Both units were renovated after 2019, ensuring modern appeal and reduced immediate maintenance needs.
  • Utilities: Separately metered for Lakeland Electric; units utilize septic tanks and a shared well (paid by owner).
  • Zoning: (DOR) Use Code 0802 – Multiple MH Residences.

For information regarding the property, please contact the Listing Agent. To speak with a HOMESALE.PLUS representative about auction procedures, please call 410-441-5443 or help@homesale.plus.

Bidding will open at 12 Noon on Friday, July 3, 2026 and close at 2:00 pm on Monday, July 6, 2026.

Additional Auction Terms:

  • 10% buyer's premium will be added to the winning bid.
  • In order to receive a commission, Buyer's Agent must be registered as an agent on Homesale.plus prior to the time buyer places 1st bid. 
  • Property is sold AS-IS, no inspection contingency.
  • No financing contingency.
  • Buyer pays all transfer & recordation taxes.
  • 10% Earnest Money Deposit due at contract execution.
Location Information

6901 Raymond Ave, Lakeland, FL 33811, USA