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1016 Mississippi Avenue #101, 102 & 103, Lakeland, FL 33803

Lakeland
Local realty services provided by:CENTURY 21 Circle
1016 Mississippi Avenue #101, 102 & 103,Lakeland, FL 33803
$550,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: solomon gallant
Office: s & d real estate service llc.
MLS#:L4959775
Source:MFRMLS

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Price summary

  • Price:$550,000

About this home

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;...

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Home facts

  • Year built:1947
  • Listing ID #:L4959775
  • Added:87 day(s) ago
  • Updated:May 31, 2026 at 06:56 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Luxury Vinyl
  • Basement Description:Crawlspace

Heating and cooling

  • Cooling:Central Air
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1947
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Tax amount:$7,018 (2025)

Features and amenities

  • Laundry features:Inside
  • Pool features:Public Pool

Parking

  • Parking description:Attached Garage
  • Garage:Yes
  • Garage spaces:2
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