Active

$410,000

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 2038 sq ft
Overview
  • ID: MFRL4961192
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 2038 sq ft
Property Details
Remarks
Investment opportunity in Lakeland’s Midtown with this two-story bungalow configured for rental income. Major system updates were completed in 2021 prior to the current owner’s purchase, including roof, plumbing, electrical, and HVAC—providing added confidence for the next owner. Both units offer 3 bedrooms and 2 bathrooms. Unit A features a distinctive multi-level layout, with entry on the lower level where the washer and dryer hookups are located, and the main living areas and kitchen upstairs. While it does not include a formal living room, one of the bedrooms can serve as a flexible living space. Unit B is located on the lower level and offers a more traditional layout. Both units include eat-in kitchens and washer and dryer hookups. Currently tenant occupied through Section 8, both units have indicated plans to vacate in the coming months—creating an opportunity for repositioning, leasing at market rates, or owner occupancy. Owner currently pays utilities. The property features a large, inviting front porch, gated front yard, spacious driveway for ample parking, and a generous backyard. Conveniently located near downtown Lakeland, shopping, dining, and major roadways.
Financial Considerations
Price:
$410,000
HOA Fee:
N/A
Tax Amount:
$4273.62
Price per SqFt:
$201.18
Tax Legal Description:
BON AIR ADD PB 1 PGS 114 & 115 BLK B LOT 6
Exterior Features
Lot Size:
6752
Lot Features:
City Limits, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1925
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, None
Additional Features 2:
N/A
Map
  • Address
    1128 STELLA AVE N
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