April Barra
BEDS5
BATHS3 full
SQUARE FEET2,454
MLS#L4959775
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONDIXIELAND
Property Description
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, (https://www.trio-at-hollingsworth.com) professionally designed to showcase and advertise the property-offering a turnkey marketing advantage for continued rental success.A well-maintained, income-producing property with solid upgrades and built-in marketing-an outstanding opportunity for investors or owner-occupants alike.Accessible unit will not be ready until the 15th of March.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2 car attached
Heating: Heat Pump
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $7,017
Year Built: 1947
Amenities
Other
Other
Feature Descriptions
Appliances: Other
Directions: From S. Florida Ave. Turn onto E Charles St. Make a right onto Mississippi Ave. Home is about four blocks down on the left.
Exterior: Block
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Crawlspace
Home Warranty Y/N: No
Lot Dimensions: 0.17
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Lock Box Coded, ShowingTime
Special Sale Provisions: None
Utilities: Other
Water: Public
Water Access Y/N: No
Zoning: RA-4
Listed By / Shown By
Listed By
Agency Name: S & D REAL ESTATE SERVICE LLC
Agency Contact: 863-824-7169
Shown By
Agent Name: April Barra
Agent Phone: (813) 404-7992
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 2,092.57 per month $1,333.11 Principal & Interest $584.75 Property Tax $174.71 Homeowner's InsuranceChange Payment Information
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1016 Mississippi Avenue, Unit 101 | MLS# L4959775
This single family home located at 1016 Mississippi Avenue, Unit 101, Lakeland, FL 33803 is currently listed for sale with an asking price of $599,000. This property was built in 1947 and has 5 bedrooms and 3 full baths with 2454 sq. ft. Mississippi Avenue, Unit 101 is located in the DIXIELAND subdivision. Search DIXIELAND real estate on www.aprilbarrarealestate.com today.