Active

518 N OHIO AVE

LAKELAND FL, 33815

$449,995


$119.58 per sqft

Active

3,763 sqft

Multi-family

Built in 1923

This 3,763 square feet 10-bedroom 3 bathroom renovated home (new flooring, new water heaters, new electrical breakers, new bathroom cabinets, new doors, new paint, etc.) has 4,768 square feet under roof and is ideal for an investor or a home owner.
It is a duplex with two separate addresses, two mailboxes, separate parking for both units, and is in a quiet neighborhood with no HOA. The home has a good rental income. Please do not disturb the tenants. Showing can be arranged. As an investor, you can earn $55,796 in gross annual rental income. The 518 N Ohio Ave. unit has 6 bedrooms and 2 bathrooms, has high ceilings and an open floor plan. The first floor has a large kitchen, extra-large living room, dining room, 2 large bedrooms, 1 bathroom, 2 open porches, and plenty of closets. The second floor has three large and one medium bedroom with 1-bathroom, large walk-in closet and attic for storage. This unit is ideal for an owner to live in and rent the other unit to pay off the mortgage. The 704 W Magnolia St. unit has a separate entrance and separate parking and mailbox and has 4 bedrooms, one bathroom, kitchen, living room, hallway, and porch.

O6241812

MLS ID

September 15, 2024

Listed

October 3, 2024

Updated

Map

518 N OHIO AVE
LAKELAND FL, 33815

Interior Features

Total Stories

2


Interior Features

Ceiling Fans(s), Walk-In Closet(s)


Appliances

Dishwasher, Disposal, Range, Refrigerator


Laundry Description

Inside


Floor Description

Carpet, Laminate, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.21 Acres


Exterior Features

Sidewalk


Roof

Metal, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

33815 - Lakeland


Taxes

$4,338


Tax Frequency

Annually


Days on Market

13


Garage

No


View

No


County

Polk


Municipality

28


Water Source

Public


Pool

No


Zoning

RA-4

Listing History

Date

Event

Price

10/3/2024

Active

9/28/2024

Pending

Listed by ELITE INVESTORS REALTY LLC
Listing Contact: 407-992-8330 

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Data last updated 10/3/2024, 11:28 PM UTC

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