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$599,000

1016 Mississippi Avenue Lakeland, FL 33803 Residential - Single Family Active

  • 1016 Mississippi Avenue, Unit 101, Lakeland, FL 33803 Main Photo

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Description

Exceptional investment opportunity featuring three rental units (101, 102 and 103) across two separate buildings. The unit mix includes a 1-bedroom/1-bath, and two 2-bedroom/1-bath units, offering strong rental flexibility and broad tenant appeal. One building is configured in a duplex-style layout, while the second building features a private second-floor 1/1 unit, creating separation and privacy across the property.Ideally located near shops, scenic lakes, colleges, and parks, this property consistently attracts tenants seeking both convenience and lifestyle amenities.Recent capital improvements provide peace of mind, including a brand-new roof, new air conditioning system, and complete electrical rewiring. The buildings were completely renovated and remodeled in 2020. The property is currently tenant-occupied on month-to-month leases, delivering immediate income while allowing flexibility for future adjustments.An added bonus: the sale includes the existing property website, (https://www.trio-at-hollingsworth.com) professionally designed to showcase and advertise the property-offering a turnkey marketing advantage for continued rental success.A well-maintained, income-producing property with solid upgrades and built-in marketing-an outstanding opportunity for investors or owner-occupants alike.Accessible unit will not be ready until the 15th of March.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2 car attached
Heating: Heat Pump
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $7,017
Year Built: 1947

General Information

Bedrooms: 5
Bathrooms: 3 Full
Sqft: 2,454
County: Polk
Subdivision: DIXIELAND
Listed By:
Solomon Gallant S & D REAL ESTATE SERVICE LLC 863-824-7169

Amenities

Other
Other

Property Features

Appliances: Other
Days on Site: 1
Directions: From S. Florida Ave. Turn onto E Charles St. Make a right onto Mississippi Ave. Home is about four blocks down on the left.
Exterior: Block
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Crawlspace
Home Warranty Y/N: No
Lot Dimensions: 0.17
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Lock Box Coded, ShowingTime
Special Sale Provisions: None
Utilities: Other
Water: Public
Water Access Y/N: No
Zoning: RA-4
$599,000
5beds
3.0baths
2,454sqft
2cars
New to the Market Active
BEDS5 BATHS3 full SQUARE FEET2,454 MLS#L4959775
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONDIXIELAND

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1016 Mississippi Avenue, Unit 101, Lakeland, FL 33803.

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Estimated Payment

$ 2,779.78 per month $2,020.33 Principal & Interest $584.75 Property Tax $174.71 Homeowner's Insurance

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