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1128 STELLA AVENUE N

LAKELAND, FL 33805

MLS#: L4961192

$399,000

Status: Active
Listing number: L4961192
Listing provided by: KELLER WILLIAMS REALTY SMART
Listing agent phone: None
Last update: 7 days ago
On site: 26 days ago
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BON AIR ADD - Residential Income

Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

2,038

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.

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Stone Counters

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Other Exterior Features

    None

  • Parking

    Driveway

  • Patio and Porch Features

    Front Porch

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Trees/Woods

Area & Lot

  • Lot Features

    Paved

  • Lot Size(acres)

    0.16

  • Lot Size(square feet)

    6752.0

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $399,000

  • Tax Amount

    $4,273.62

  • Sq. Footage

    2, 038

  • Price/SqFt

    $195

HOA

  • Association

    No

School District

  • Elementary School

    Carlton Palmore Elem

  • Middle School

    Crystal Lake Middle/Jun

  • High School

    Tenoroc Senior

Property Features

  • New Construction

    NO

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    6

  • Water Source

    Public

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Location

County

Polk

Elementary School

Carlton Palmore Elem

Middle School

Crystal Lake Middle/Jun

High School

Tenoroc Senior

Listing Courtesy of Kristin Kellin , KELLER WILLIAMS REALTY SMART

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(561) 609-2391

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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.

1128 STELLA AVENUE N

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