Residential Property - Single Family Residence in Lakeland
Listing Price: $349,000
Description of Property
Here’s your chance to own a tenant-occupied bungalow in one of Lakeland’s most desirable rental spots — just a mile from Lake Hollingsworth, minutes from Downtown Lakeland, and right across from Florida Southern College. With a lease already in place through January, this property delivers instant income and flexibility for your next move. Whether you continue it as a steady rental, renovate for added value, or convert it into student housing or a furnished mid-term rental, the options are wide open. Inside, this 3-bedroom, 1.5-bath home blends historic charm with everyday comfort. Original hardwood floors, great natural light, and a cozy wood-burning fireplace create a warm, welcoming living space. The classic front porch—complete with a swing and ceiling fan—adds timeless appeal that tenants love. The kitchen features stainless steel appliances and looks out over the backyard, flowing seamlessly into a dining area and a flexible bonus room that’s perfect for a home office, study nook, or reading spot. Each bedroom offers generous space, including one with a charming wraparound sitting area. A bright Florida room at the back—with wall-to-wall windows and laundry access—adds even more versatility for shared living or quiet downtime. The fenced backyard offers privacy, space to relax, and a storage shed ready for your finishing touches. Situated in a walkable, historic neighborhood with consistently strong rental demand, this property combines location, charm, and investment potential all in one. Whether you’re an experienced investor or just starting your real estate portfolio, this bungalow is a smart buy with built-in cash flow and long-term upside. Come take a look — opportunities like this don’t last long!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lakeland
County: Polk
Subdivision: Johnsons T H Sub
Bedrooms: 3
Bathrooms: 1
Half Baths: 1
Sq. Ft. Gross: 2,030
Sq. Ft. Living Area: 1,560
Cost per (heated) sqare foot: $224
Year built: 1925
Annual Tax: $5,594
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Tankless Water Heater
Fireplace: Yes
Fireplace Features: Wood Burning
Window Features: Blinds
Additional Rooms: Inside Utility
Flooring: Hardwood
Schools
Elementary School: Philip O’Brien Elementary
Middle/Junior High School: Lawton Chiles Middle
High School: Lakeland Senior High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Bungalow
Construction: Wood Frame
Foundation: Crawlspace
Roof: Shingle
Exterior Features: Sidewalk
Carport: Yes
Carport Spaces: 1
Parking Features: On Street
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features: Front Porch
Security Features: Security System
Other Structures: Shed(s)
View:
Fencing: Wood
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Sidewalk
Lot Size (acres): 0.16
Lot Size (sq. ft.): 6,752 square feet
Lot Dimensions: 50 x 135
Road Frontage: Street Paved
Front Exposure: East
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 242819236500001080
Zoning: RA-4
Tax Legal Desc.: JOHNSONS T H SUB PB 4 PG 55 BLK A LOT 8
Section: 19
Range: 24
Listing courtesy of EXP REALTY 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.