140 Colorado Avenue, Lakeland Fl 33801 - MLS# P4935805

Residential Property - Single Family Residence in Lakeland

Listing Price: $204,900Days on Market: 89

Description of Property

Income Opportunity in Lakeland’s Booming Market! ? Discover this beautifully remodeled home offering both comfort and investment potential. Recent improvements include a newer roof (2022), upgraded HVAC system, modern water heater, updated kitchen cabinets and countertops, new sinks, doors, windows, flooring, and appliances, providing peace of mind and low-maintenance living. Conveniently located near Downtown Lakeland, I-4, and major shopping centers, this property offers easy access to work, dining, and entertainment. Currently leased at $1,250 per month, with tenants keeping the home in excellent condition, this is a true turnkey investment with immediate rental income. Whether you’re expanding your real estate portfolio or seeking a move-in-ready home with lasting value, this property delivers both opportunity and long-term stability in one of Central Florida’s fastest-growing communities.The average asking price for a 2 bedroom/1 bath single family residence in this Zip code is $226,600. This single family residence is listed at about 90% of the average asking price. There are 6 2 bedroom/1 bath homes between $100,000 and $300,000 currently listed for sale in this Zip code. See other listings like this one »

Property Details At A Glance

Virtual Tour

Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lakeland
County: Polk
Subdivision: Lake Bonny Park Sub
Bedrooms: 2
Bathrooms: 1
Sq. Ft. Gross: 632
Sq. Ft. Living Area: 572
Cost per (heated) sqare foot: $358
Year built: 1950
Annual Tax: $1,947

Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.

Interior Features: Thermostat
Appliances: Refrigerator

Flooring: Vinyl

Laundry Features: Laundry Room

Schools

Elementary School: Sleepy Hill Elementary
Middle/Junior High School: Sleepy Hill Middle
High School: Lakeland Senior High

Pool & Waterfront Info

Private Pool: Not specified

Exterior & Construction

Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Other
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:

Utilities: Other
Sewer: Public Sewer
Water Source: Public

Lot Information

Lot Size (acres): 0.17
Lot Size (sq. ft.): 7,510 square feet
Lot Dimensions: 50 x 150
Front Exposure: West

Legal Description & Other Information

Financing Available: Other
Parcel Number: 242816185500002300
Zoning: R-2
Tax Legal Desc.: LAKE BONNY PARK SUB PB 6 PG 42 BLK 2 LOTS 30 & 31
Section: 16
Range: 24

Map

Listing courtesy of LPT 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.