Active

$399,900

Features:
  • 6 Bedrooms
  • 5 Bathrooms
  • 3204 sq ft
Overview
  • ID: MFRO6419909
  • Bedrooms: 6
  • Bathrooms: 5
  • Size: 3204 sq ft
Property Details
Remarks
Priced $25k below appraised value, copy available---Rare opportunity to own a charming historic property with built-in income potential in the heart of Lakeland! The main residence offers 1,981 square feet of living space with 3 bedrooms and 2 bathrooms, showcasing the timeless character and craftsmanship of its 1930 construction. Major updates include a new roof in 2017 and HVAC system in 2018, providing added peace of mind. What truly sets this property apart is the detached income-producing building located on the same parcel. The lower-level apartment features 1 bedroom, 1 bathroom, 551 square feet, and a private carport. Upstairs, a separate entrance leads to a 2-bedroom, 1-bath apartment offering 662 square feet. Whether you're looking to offset your mortgage, generate additional monthly income, accommodate extended family, or expand your investment portfolio, the possibilities are endless. Live comfortably in the main home while collecting rental income from both apartments from day one. Unique properties offering historic charm, multiple rental units, and immediate income potential are hard to find—don't miss this exceptional Lakeland opportunity!
Financial Considerations
Price:
$399,900
HOA Fee:
N/A
Tax Amount:
$6705.83
Price per SqFt:
$124.81
Tax Legal Description:
AVALON PLACE PB 8 PG 13 BLK A LOTS 2 3 & W 5 FT OF 1
Exterior Features
Lot Size:
14697
Lot Features:
Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
5
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1925
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Private Entrance, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    1049 MONROE ST
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