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118 S LAKE AVE Lakeland, FL 33801
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Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,848 sqft
Price per Sqft $154
Subdivision Nichols & Waring Or Ozone Park
MLS Listing ID L4923651
Sold Date 09/16/21
Construction Status Completed
HOA Y/N No
Year Built 1923
Annual Tax Amount $978
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50x120
Property Sub-Type Duplex
Source Stellar MLS
Property Description
LOCATION, LOCATION, LOCATION!!! This historic duplex has tenants in place and is just steps from beautiful Hollis Gardens, Barnett Park, and restaurants. Downtown Lakeland night life is within mere walking distance. This two unit, income property has been updated and features an upstairs and a downstairs unit. Each unit is 2BR/1Ba and each rents for $1,000/month. Property has a paver driveway, updated kitchens and bathrooms, and indoor space in each unit for a washer/dryer. The AC, windows, flooring and all appliances were replaced in 2017. Property was also treated for termites in 2017. Each tenant pays for their own electric and owner pays for the water. The property is located within the City of Lakeland Sub District 3 of the Special Public Interest (SPI) zoning. As such, it qualifies for other permissible uses such as office, bed and breakfast, and limited retail. Do a drive-by but PLEASE DO NOT APPROACH THE TENANTS.
Location
State FL
County Polk
Community Nichols & Waring Or Ozone Park
Area 33801 - Lakeland
Zoning MF-22
Interior
Interior Features High Ceilings
Heating Electric
Cooling Central Air
Flooring Laminate, Vinyl
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Laundry Inside
Exterior
Exterior Feature Sidewalk
Parking Features Driveway, On Street
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights
View City
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Historic District, City Limits, Near Public Transit, Sidewalk, Paved
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame,Wood Siding
New Construction false
Construction Status Completed
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with KELLER WILLIAMS REALTY SMART