901 Pennsylvania Avenue, Lakeland, FL 33803
- $670,000
- 16
- BD
- 16
- BA
- 3,272
- SqFt
- List Price
- $670,000
- Status
- Active
- Days on Market
- 1
- MLS#
- O6433196
- Property Style
- Quadruplex
- Year Built
- 1902
- Bedrooms
- 16
- Bathrooms
- 16
- Living Area
- 3,272
- Lot Size
- 4,199
- Acres
- 0.10
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Scotts Lakeland Heights
- MLS Area Major
- Lakeland
Property Description
GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE HEART OF LAKELAND! Located at 901 Pennsylvania Ave, this well-positioned fourplex offers investors the opportunity to own a multi-family property in the highly desirable Lake Morton Historic District. The property consists of 4 spacious 1-bedroom, 1-bath units, each approximately 900 square feet, offering a highly rentable layout and strong long-term income potential. The property maintains much of its original Florida character, including original hardwood floors, solid wood doors, and charming architectural details rarely found in newer construction. Units also feature additional touches such as washer/dryer accommodations, sunrooms adding to their appeal and rental potential. LOCATION IS A MAJOR HIGHLIGHT. The property is conveniently situated near Florida Southern College, Lake Morton, Downtown Lakeland, the public library, museums, restaurants, shopping, entertainment, and major roadways. Its central location provides excellent access to many of Lakeland's most desirable destinations while placing tenants close to employment, education, recreation, and everyday conveniences. Whether you're looking to expand an existing rental portfolio, enter the multifamily investment market, or acquire a long-term income-producing asset, 901 Pennsylvania Ave offers an excellent combination of location, character, multiple rental units, and future income potential. 4 units. 1 property. Multiple income streams. A great opportunity to invest in one of Lakeland's established neighborhoods.
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Additional Information
- Taxes
- $6997
- Annual Gross Income
- 60000
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- C-2
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Appliances
- Gas Water Heater, Range, Refrigerator
- Utilities
- Electricity Connected, Natural Gas Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Frame, Wood Siding
- Exterior Features
- Other, Sidewalk
- Roof
- Shingle
- Foundation
- Stilt/On Piling
- Pool
- No Pool
- Garage Features
- On Street
- Pet Size
- Small (16-35 Lbs.)
- Flood Zone Code
- 12105c0315
- Parcel ID
- 242819231500003141
- Legal Description
- SCOTTS LAKELAND HEIGHTS DB 75 PG 15 BLK 3 LOT 14 LESS W 51 FT
Listing courtesy of LIST-A-HOUSE REALTY, LLC. 954-292-4012
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