Residential Property - Single Family Residence in Lakeland
Listing Price: $239,000 (Mortgage Calculator →)
Description of Property
Welcome home to this charming and versatile property in Lakeland, offering a rare opportunity to own a move-in ready main home with the added benefit of a separate income-producing unit right on the same property. The main home is a fully updated 3-bedroom, 1-bathroom residence featuring a beautifully renovated kitchen with stainless steel appliances, updated bathrooms, vinyl plank flooring throughout, and fresh interior and exterior paint. Central air and a dedicated laundry area make this home completely turnkey. A spacious covered carport and generous yard complete the picture. At the rear of the property sits a fully separate 1-bedroom, 1-bathroom studio unit, currently occupied by a long-term tenant paying $750 per month. Whether you choose to continue renting it out to offset your mortgage, use it as a private guest suite, or house a family member, this bonus space adds flexibility that most homes at this price point simply cannot offer. At $239,000, the rental income from the back unit alone covers a significant portion of your monthly payment, making this one of the most affordable paths to homeownership in Lakeland for a buyer who wants to live well and build equity at the same time.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lakeland
County: Polk
Subdivision: Kenilworth Sub
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 1,307
Sq. Ft. Living Area: 889
Cost per (heated) sqare foot: $269
Year built: 1940
Annual Tax: $2,853
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Fireplace: Yes
Fireplace Features: Wood Burning
Window Features: Shades
Additional Rooms: Den/Library/Office
Flooring: Vinyl
Schools
Elementary School: Griffin Elem
Middle/Junior High School: Kathleen Middle
High School: Kathleen High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Other
Construction: Vinyl Siding
Foundation: Other
Roof: Shingle
Exterior Features: Sidewalk
Carport: Yes
Carport Spaces: 1
Parking Features: Other
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Other Structures: Other
View: Garden
Fencing: Wood
Sewer: Septic Tank
Water Source: Public
Lot Information
Lot Features: Sidewalk
Lot Size (acres): 0.17
Lot Size (sq. ft.): 7,410 square feet
Lot Dimensions: 60 x 142
Road Frontage: Street Paved
Front Exposure: North
Legal Description & Other Information
Parcel Number: 232811029500002250
Zoning: RA-3
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: KENILWORTH SUB PB 9 PG 6 BLK 2 LOT 25 & E 2 FT OF 24
Section: 11
Range: 23
Listing courtesy of FIRST ADVISORY REAL ESTATE LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.