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New
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$599,000

For Sale

12 hours ago

UNIT-101 - 1016 Mississippi Ave, Lakeland, FL

House

MLS® L4959775

5 Bed

3 Bath

2454 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2454 sqft
Garage Yes
Taxes $7,018
Days Active 0
Lot Size 0.17 acres
Approx. Age 1947
Avg. Price Per Sqft $244
MLS® Number L4959775

Property Address: unit-101-1016 Mississippi Ave, Lakeland, FL, 33803-1378

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberL4959775
Laundry LevelInside
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageYes
Approx. Age1947
Basement
Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Living Room:Second FloorNot available
Kitchen:Second FloorNot available
Other:Second FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$599,000List Price
  • Commute

Commute

Starting Address
Destination Address
1016 Mississippi Ave, Lakeland, FL

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