505 CHOCTAW AVE new Save Request In-Person Tour Request Virtual Tour
Lakeland,FL 33815
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,974 sqft
Price per Sqft $159
Subdivision Albert Park Addition
MLS Listing ID TB8420974
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1973
Annual Tax Amount $4,052
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 75.0X108.0
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Fantastic duplex investment opportunity in the heart of Lakeland! This well-maintained property features two 2-bedroom, 1-bath units with brand-new HVAC systems (2025) and a recently replaced roof (2023), offering peace of mind for years to come. Unit 505 has been upgraded with new interior and exterior doors, and both units are currently rented below market value, providing excellent potential for increased income. Built in 1973 and situated on a 0.19-acre lot with nearly 1,974 sq. ft. of living space, this property combines strong rental potential with long-term value. Conveniently located near schools, shopping, and major highways, it's a perfect turnkey investment in a high-demand area.
Location
State FL
County Polk
Community Albert Park Addition
Area 33815 - Lakeland
Interior
Interior Features Other
Heating Central,Electric
Cooling Central Air
Flooring Other
Fireplace false
Appliance None
Laundry None
Exterior
Exterior Feature Other
Parking Features None
Utilities Available Cable Available,Electricity Connected
Roof Type Membrane
Garage false
Private Pool No
Building
Lot Description City Limits,Paved
Entry Level One
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Jesse Keen Elem
Middle Schools Lawton Chiles Middle
High Schools Kathleen High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,VA Loan
Membership Fee Required None
Listing Terms Cash,Conventional,VA Loan
Special Listing Condition None