1016 Mississippi Ave #101, Lakeland, FL 33803 | For Sale

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For Sale $599,000 ($244.09 per Sq Ft)

$599,000 ($244.09 per Sq Ft)
  • (0)
  • 5 Bedrooms
  • 3 Bathrooms
  • 2,454 Sq Ft
  • 7,248 Sq Ft

Description

Exceptional investment opportunity featuring three rental units (101, 102 and 103) across two separate buildings. The unit mix includes a 1-bedroom/1-bath, and two 2-bedroom/1-bath units, offering strong rental flexibility and broad tenant appeal. One building is configured in a duplex-style layout, while the second building features a private second-floor 1/1 unit, creating separation and privacy across the property.
Ideally located near shops, scenic lakes, colleges, and parks, this property consistently attracts tenants seeking both convenience and lifestyle amenities.
Recent capital improvements provide peace of mind, including a brand-new roof, new air conditioning system, and complete electrical rewiring. The buildings were completely renovated and remodeled in 2020. The property is currently tenant-occupied on month-to-month leases, delivering immediate income while allowing flexibility for future adjustments.
An added bonus: the sale includes the existing property website, (https://www.trio-at-hollingsworth.com) professionally designed to showcase and advertise the property—offering a turnkey marketing advantage for continued rental success.
A well-maintained, income-producing property with solid upgrades and built-in marketing—an outstanding opportunity for investors or owner-occupants alike.

Accessible unit will not be ready until the 15th of March.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $599,000
Property Type Single Family Homes
Usable Sqft 2,454
Number of Stories 1 stories
Parking Spots 2 spots
Year Built 1947
Last Sold Unknown
Sold Price Unknown
APN # 242819220100013083
MLS # L4959775
Property ID 322643592
Lot Sqft 7,248
Zoning RA-4
Days on Market 9
Original List Price $599,000
Applicances Other%
Date Updated March 05, 2026
Date Created February 26, 2026
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Listing Provided By

Solomon Gallant an agent of .


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of March 05, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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