Lakeland, FL 33815,505 CHOCTAW AVE
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$ 315,000
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505 CHOCTAW AVE Lakeland, FL 33815

4 Beds

2 Baths

1,974 SqFt


UPDATED:

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


Stellar MLS
Listed by CHIRINO REAL ESTATE
agent

Sue Vaughan

Realtor | License ID: SL3534062

+1(941) 725-4349

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505 CHOCTAW AVE