1014 S TENNESSEE AVE new Save Request In-Person Tour Request Virtual Tour
Lakeland,FL 33803
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,019 sqft
Price per Sqft $346
Subdivision Futch & Rogers Sub
MLS Listing ID L4955337
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1920
Annual Tax Amount $5,690
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Prime Location– TURNKEY MULTI-UNIT Investment Property! (All 3 units are currently listed on AIR B&B & VRBO.) Minutes from downtown Lakeland, this historic gem offers walking-distance access to award-winning restaurants, shopping, weekend markets, entertainment, and more. Just a short 5-minute stroll to Lake Hollingsworth and Lake Morton, this property combines charm, convenience, and strong income potential. Main Bungalow (Front Blue House) – Updated 2BR/1BA that's been fully remodeled, NEW metal roof (2024), and NEW AC (2023), entire outside of home & back unit have been repainted. Move-in ready and beautifully maintained. Detached Two Story back units– Downstairs Unit (2BR/1BA): Brand new tile flooring, remodeled bathroom, and an updated kitchen. New A/C window units. Upstairs Unit (1BR/1BA): Fully remodeled in 2025 with brand new kitchen cabinets & appliances, with all-new finishes & modern upgrades. 3 rental units that produce amazing income returns for an investor. All units are currently operating as successful short-term rentals (Airbnb & VRBO). Seller can provide full rental history and income documentation. YTD income already exceeds $41,000 with additional upside as the upstairs unit has only recently come online after its remodel in April. These properties come FULLY FURNISHED & TURNKEY READY! Flexible use: Live in one unit and rent the others, or keep as a high-performing investment property. This is a rare opportunity to own a fully updated multi-unit property in the heart of Lakeland with immediate income and long-term growth potential.
Location
State FL
County Polk
Community Futch & Rogers Sub
Area 33803 - Lakeland
Zoning MF-12
Interior
Interior Features Ceiling Fans(s),Eat-in Kitchen,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Solid Surface Counters,Window Treatments
Heating Central,Ductless
Cooling Central Air,Wall/Window Unit(s)
Flooring Luxury Vinyl,Tile
Fireplaces Type Decorative
Furnishings Furnished
Fireplace true
Appliance Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Laundry Inside
Exterior
Exterior Feature Lighting,Sidewalk
Parking Features Alley Access,Driveway,Guest,Parking Pad
Utilities Available Cable Available,Electricity Connected,Public
Roof Type Metal,Shingle
Porch Porch,Rear Porch,Side Porch
Garage false
Private Pool No
Building
Entry Level Two
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Historic
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4955337