Description
Investment opportunity in Lakeland’s Midtown with this two-story bungalow configured for rental income. Major system updates were completed in 2021 prior to the current owner’s purchase, including roof, plumbing, electrical, and HVAC—providing added confidence for the next owner. Both units offer 3 bedrooms and 2 bathrooms. Unit A features a distinctive multi-level layout, with entry on the lower level where the washer and dryer hookups are located, and the main living areas and kitchen upstairs. While it does not include a formal living room, one of the bedrooms can serve as a flexible living space. Unit B is located on the lower level and offers a more traditional layout. Both units include eat-in kitchens and washer and dryer hookups. Currently tenant occupied through Section 8, both units have indicated plans to vacate in the coming months—creating an opportunity for repositioning, leasing at market rates, or owner occupancy. Owner currently pays utilities. The property features a large, inviting front porch, gated front yard, spacious driveway for ample parking, and a generous backyard. Conveniently located near downtown Lakeland, shopping, dining, and major roadways.
-
6BEDS
-
0.16ACRES
-
0BATHS
-
01/2 BATHS
-
2,038SQFT
-
$196$/SQFT
School Information
Description
Investment opportunity in Lakeland’s Midtown with this two-story bungalow configured for rental income. Major system updates were completed in 2021 prior to the current owner’s purchase, including roof, plumbing, electrical, and HVAC—providing added confidence for the next owner. Both units offer 3 bedrooms and 2 bathrooms. Unit A features a distinctive multi-level layout, with entry on the lower level where the washer and dryer hookups are located, and the main living areas and kitchen upstairs. While it does not include a formal living room, one of the bedrooms can serve as a flexible living space. Unit B is located on the lower level and offers a more traditional layout. Both units include eat-in kitchens and washer and dryer hookups. Currently tenant occupied through Section 8, both units have indicated plans to vacate in the coming months—creating an opportunity for repositioning, leasing at market rates, or owner occupancy. Owner currently pays utilities. The property features a large, inviting front porch, gated front yard, spacious driveway for ample parking, and a generous backyard. Conveniently located near downtown Lakeland, shopping, dining, and major roadways.
© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-05-10T23:43:27.08.
