Bought with Ana Chirino CHIRINO REAL ESTATE
$303,000
$315,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
505 CHOCTAW AVE Lakeland, FL 33815
4 Beds
2 Baths
1,974 SqFt
Key Details
Sold Price $303,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,974 sqft
Price per Sqft $153
Subdivision Albert Park Addition
MLS Listing ID TB8420974
Bedrooms 4
Full Baths 2
Year Built 1973
Annual Tax Amount $4,052
Lot Size 8,276 Sqft
Property Sub-Type Single Family Residence
New Construction false
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.
Location
State FL
County Polk
Community Albert Park Addition
Area 33815 - Lakeland
Interior
Heating Central, Electric
Cooling Central Air
Flooring Other
Laundry None
Exterior
Exterior Feature Other
Parking Features None
Utilities Available Cable Available, Electricity Connected
Roof Type Membrane
Building
Lot Description City Limits, Paved
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Jesse Keen Elem
Middle Schools Lawton Chiles Middle
High Schools Kathleen High
Others
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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