Lake Homes Realty
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1016 mississippi avenue

LAKELAND, FL 33803

5 BEDS 3-Full BATHS
0.17 AC LOT
Residential - Single Family
Image 1
Bedrooms 5
Total Baths 3
Full Baths 3
Acreage 0.17
Status Off Market
MLS # L4959775
County Polk
More Info
Category Residential - Single Family
Status Off Market
Acreage 0.17
MLS # L4959775
County Polk
Under contract-accepting backup offers. 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 not available

Exterior Features

  • Construction Single Family Residence
  • Siding Block
  • Roof Shingle
  • Garage Yes
  • Garage Description 2 Garage Spaces
  • Water Public
  • Sewer Public Sewer
  • Lot Dimensions 72.5x100

Interior Features

  • Appliances Other
  • Heating Heat Pump
  • Cooling Central Air
  • Basement Crawlspace
  • Year Built 1947

Neighborhood & Schools

  • Subdivision DIXIELAND ADD/LAKELAND

Financial Information

  • Parcel ID 24-28-19-220100-013083
  • Zoning RA-4

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.