$550,000
$599,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,454 SqFt
SOLD DATE : 05/19/2026
Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,454 sqft
Price per Sqft $224
Subdivision Dixieland Add/Lakeland
MLS Listing ID L4959775
Sold Date 05/19/26
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1947
Annual Tax Amount $7,017
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 72.5x100
Property Sub-Type Single Family Residence
Source Stellar MLS
Property 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; 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.
Location
State FL
County Polk
Community Dixieland Add/Lakeland
Area 33803 - Lakeland
Zoning RA-4
Interior
Interior Features Other
Heating Heat Pump
Cooling Central Air
Flooring Luxury Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Other
Laundry Inside
Exterior
Exterior Feature Other
Garage Spaces 2.0
Utilities Available Other
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Story 1
Entry Level Two
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with Jackson Kimsey SHAWN R MCDONALD REALTYGRP INC
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