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518 Ohio Ave, LAKELAND, FL 33815
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518 Ohio Ave
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Would you like to sell your current home before you purchase this one? Click Here Like this Property? Submit an Offer Now
Priced at Only: $439,995
For more Information Call: (352) 279-4408
Address: 518 Ohio Ave, LAKELAND, FL 33815
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  • MLS#: O6241812 ( Residential Income )
  • Street Address: 518 Ohio Ave
  • Viewed: 8
  • Price: $439,995
  • Price sqft: $92
  • Waterfront: No
  • Year Built: 1923
  • Bldg sqft: 4788
  • Days On Market: 97
  • Additional Information
  • Geolocation: 28.0494 / -81.9643
  • County: POLK
  • City: LAKELAND
  • Zipcode: 33815
  • Subdivision: Bowyers Sub
  • Provided by: ELITE INVESTORS REALTY LLC
  • Contact: Danny Dhannu
  • 407-992-8330
  • DMCA Notice
  • Description
    SELLER IS PAYING $15,000 TOWARDS CLOSING COSTS, PRE PAIDS, AND OR RATE BUY DOWNS WITH FULL PRICE OFFER!!! 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.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Sidewalk
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 3763.00
  • Roof: Metal, Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Country: US
  • Interior Features: Ceiling Fans(s), Walk-In Closet(s)
  • Legal Description: BOWYERS SUB PB 3 PG 19 BLK J LOTS 1 N 80 FT & N 80 FT OF 2
  • Levels: Two
  • Area Major: 33815 - Lakeland
  • Occupant Type: Tenant
  • Parcel Number: 23-28-13-067500-010011
  • Zoning Code: RA-4
Nearby Subdivisions
Bowyers Sub   Chestnut Woods Sub   Westgate Sub  
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  1. Tropic Shores Realty
  2. A Winning Team
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com