FL
Polk
LAKELAND
33803
1014 S TENNESSEE AVENUE
1014 S TENNESSEE AVENUE, LAKELAND, FL 33803
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Listing Type
Multi Family
Listing Status
active
95
$699,900

Home Details for 1014 S TENNESSEE AVENUE

Price
$699,900
Type
Residential Income
Bedrooms
5
Bathrooms
3.0
Square feet
2019
Year built
1920
Lot size acres
0.16
County
Polk
Garage
Basement
Crawl Space
Days on site
32
MLS Listing#
L4955366
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.

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Property Features
  • Parking
    • Driveway
    • Guest
    • Parking Pad
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Heating Information
    • Central
    • Ductless
  • Utilities
    • Cable Available
    • Electricity Connected
  • Water Features
    • Public
  • House Interior
    • Eat-in Kitchen
  • Basement
    • Crawl Space
  • Fire Place
    • Decorative
Listing Courtesy: EXP REALTY LLC - 888-883-8509
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-08-23 05:15:29
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EXIT REALTY 4CORNERS
49503 Hwy 27 Unit B, Davenport, FL 33897
Office
863 344 3948
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