$315,000

$160/sq ft

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Overview

Bedroom

4

Bath

2

Year Built

1973

Sqft

1974

Property Type

Single Family Residence

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.

Property Details

MLS#

TB8420974

Address

505 CHOCTAW

City

Lakeland

State/county

FL

Zip/Postal Code

33815

Area

Albert Park Addition

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,052

Maint Fee

$--

Tax Year

2024

None

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Boris Gelfand