Listing Details for MLS # P4934929
165 E Pierce Street, Lake Alfred, Fl 33850

Residential Property - Single Family Residence in Lake Alfred

Listing Price: $129,000Days on Market: 18

Description of Property

Cash Only Investor Special in Lake Alfred – Ideal flip, rental, or DIY opportunity! Unlock the potential of this diamond in the rough located in the heart of charming Lake Alfred. This 2-bedroom, 1-bath home sits on a spacious 0.29-acre lot and features newer roof shingles, some updated windows, wood flooring, front and rear porches, a metal awning for covered parking, and connections to city water and city sewer. The interior offers a spacious great room with fireplace, crown moulding, and trim work, a formal dining room for casual or formal use, and a kitchen tucked into the back corner of the home with a walk-in pantry for added convenience. There are two comfortably sized bedrooms, a centrally located full bath, a bonus room/office, laundry hookups on the back porch, and a fenced backyard. Some updates have been made to the roof, windows, electrical, and water heater. Lake Alfred is a growing Central Florida town ideally situated between Lakeland, Winter Haven, Orlando, and Tampa, making it a commuter-friendly location with small-town charm. Residents enjoy access to numerous nearby lakes including Lake Swoope, Lake Haines, and Lake Rochelle for fishing and boating, as well as the Chain of Lakes Trail connecting Lake Alfred to Winter Haven for walking, jogging, and biking. Dining options include local favorites like Calogero’s Pizzeria, Gary’s Oyster Bar, The Back Porch, and Lake Alfred Diner, along with unique shopping at The Barn Antiques and Artzy Zone. Sharmin Supermarket and Discount Foods offer grocery convenience, while Publix and Walmart Supercenter are just minutes away. This is a cash-only purchase, perfect for the savvy investor looking to add value and capture long-term potential in a growing market.The average asking price for a 2 bedroom/1 bath single family residence in this Zip code is $179,500. This single family residence is listed at about 72% of the average asking price. This is the only 2 bedroom/1 bath single family residence between $100,000 and $200,000 currently listed for sale in this Zip code.