1016 MISSISSIPPI AVENUE UNIT 101, 102 & 103

For sale Days on market 34

$599,000

$244/sq ft

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Overview

Bedroom

Bath

Year Built

1947

Garage

Sqft

2454

Property Type

Single Family Residence

Property Description

Under contract-accepting backup offers. 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; 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 Details

MLS#

L4959775

Garage

Total Floor in Bldg

Address

1016 MISSISSIPPI

City

Lakeland

State/county

Zip/Postal Code

33803

Area

Dixieland Add/lakeland

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,017

Maint Fee

$--

Tax Year

2025

Other

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