709 & 711 N VIRGINIA AVENUE at

709 & 711 N VIRGINIA AVENUE

For sale Days on market 20

$269,000

$172/sq ft

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Overview

Bedroom

Year Built

1920

Sqft

1560

Property Type

Duplex

Property Description

Under contract-accepting backup offers. **Lakeland Duplex for Sale – Excellent Investment Opportunity!** 1,560 ft.², this well-maintained duplex is a fantastic cash flow investment. It features two 2-bedroom, 1-bath units, both offering private living spaces and reliable rental potential. Start earning from day one with this income-producing property in Lakeland. ROOF replaced in 2021, and the water heater and HVAC system were updated within the past five years. Recent updates and consistent maintenance keep ownership costs low, and the single-story design offers convenience for residents. Set on a generous lot, it provides ample space and privacy for tenants. Inside, you'll find inviting floor plans filled with natural light, kitchens equipped with major appliances, and comfortable bedrooms with storage options. Each unit has separate water and electric meters, and the property is connected to public water and sewer. There are washer and dryer hookups available, and the duplex is constructed of solid concrete with tile flooring throughout—no carpet. **UNIT 709 is currently leased through February 2027 at $1,100 per month, while **UNIT 711 is vacant and expected to rent for $1,100-$1,300 per month. This property delivers steady cash flow in one of Central Florida’s strongest rental markets. Located in Lakeland, this duplex is conveniently close to shopping, dining, and recreational parks, with quick access to major roadways connecting you to Orlando, Tampa, and other Central Florida attractions. Nearby employers include: **Publix Super Markets:** One of the largest employers in Lakeland, with headquarters and distribution centers nearby, **Amazon:** Fulfillment center located on County Line Road, just a few miles from the Chestnut Woods area, **GEICO:** The regional office is located on W. Pipkin Road, **Lakeland Regional Health: ** This primary healthcare provider and hospital network is headquartered locally and employs thousands. Other notable employers within a short drive include FedEx Corporate Services, Watson Clinic (healthcare), Southern Glazer's Wine & Spirits, Pepperidge Farm (bakery), and Florida Southern College. Don’t miss out on this exceptional investment opportunity!

Property Details

MLS#

TB8443873

Address

709 & 711 VIRGINIA N

City

Lakeland

State/county

Zip/Postal Code

33815

Area

Mcrae & Bryants Add

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$1,631

Maint Fee

$--

Tax Year

2024

Range

Refrigerator

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