Price Reduction
Address
1128 N Stella AVENUE, LAKELAND, FL
Price
$ 399,800
Property Attributes
  • MLS#T3518312
  • TypeIncome
  • CountyPOLK
  • CityLAKELAND
  • AreaLakeland - Gibsonia
  • NeighborhoodBon Air Add
  • Zip33805
  • StyleDuplex
  • Year Built1925
  • Taxes$ 4420
  • Price$ 399,800
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2038
  • Lot Size6,970 SqFt
Data Source:
Stellar MLS
Property Description

Welcome to the epitome of real estate gold in the flourishing city of Lakeland, Florida! This duplex is more than just a property; it's a lucrative investment waiting to be seized. With two spacious units, each boasting 3 bedrooms and 2 bathrooms, along with inviting living spaces, kitchens, and convenient laundry facilities, this duplex offers both comfort and practicality. Unit A awaits your personal touch, while Unit B is already generating income, currently leased at $2250 per month. Built for savvy investors or those looking to house hack, the potential for passive income is remarkable, with a total monthly rent potential of $4500, equating to a handsome $54,000 annually. But it's not just about the numbers; this property has been meticulously renovated in 2021, ensuring peace of mind with a new roof, plumbing, electrical, and HVAC system. Convenience is key, with ample on-street and off-street parking, a tranquil backyard oasis for relaxation and entertaining, and proximity to Downtown Lakeland's vibrant dining, shopping, and entertainment scene. Plus, with easy access to major highways like I-4 and the serene Lake Parker, the location couldn't be more ideal. Don't miss out on this incredible opportunity to secure your slice of Lakeland's real estate boom. Act now before it's too late!

Price History
4/11/2024 Listed $399,900
4/16/2024 1% - $399,800

General Features

Interior Features Ceiling Fans(s)
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available,Sewer Available
Roof Shingle
Exterior Features Lighting,Other
Zoning RB-1
Construction Materials Wood Frame
Year Built 1925
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
County Polk
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name BON AIR ADD
Garage Y/N No
Status Active
Directions Take I-4 to exit to exit 28 toward US-92/Lakeland. Merge onto FL-546/W Memorial Blvd. In 3.6 miles turn left onto FL-33 N. In 0.2 miles make a right onto E. Garden St,then make a right onto N Stella
City LAKELAND
Buyer Agent Compensation 2%-$350
Senior Community Y/N No
Total Units 2
MLS Area 33805 - Lakeland / Gibsonia
Lot Size Square Feet 6752
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Stella
Listing Terms Cash,Conventional,FHA,VA Loan
Tax Annual Amount 4420.63
Public Remarks Welcome to the epitome of real estate gold in the flourishing city of Lakeland,Florida! This duplex is more than just a property; it's a lucrative investment waiting to be seized. With two spacious u
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3518312
Days on Market 12
Standard Status Active
Tax Lot 6
Legal Description BON AIR ADD PB 1 PGS 114 & 115 BLK B LOT 6

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Laundry Features Inside
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 6752
Foundation Details Crawlspace
Number of Buildings 1
Building Area Total 2296
Lot Dimensions 50 x 135
Lot Size Acres 0.16
Road Surface Type Asphalt
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33805

Price
AVG $400K
$400K
Taxes
AVG $4,420
$4,420
Visits
AVG 54
53
Data Provided by Inside Real Estate®
Year Built
AVG 1925
1925

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