$349,000

817 COLLEGE AVENUE, Lakeland, FL 33801

  • 3 beds |
  • 2 baths |
  • 1,560 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $224/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Here’s your chance to own a tenant-occupied bungalow in one of Lakeland’s most desirable rental areas—just one mile from Lake Hollingsworth, five minutes to downtown, and right across from Florida Southern College. With a lease in place through January, this property offers immediate income and plenty of options for the future: keep it as a cash-flowing rental, renovate to increase value, or convert it into student housing or a furnished mid-term rental. Inside, the 3-bedroom, 1.5-bath home blends historic charm with functionality. Original hardwood floors, abundant natural light, and a cozy wood-burning fireplace anchor the living space, while a ceiling fan and swing on the front porch add timeless curb appeal tenants love. The kitchen features stainless steel appliances and a window overlooking the backyard, flowing into a dining area and versatile bonus room—perfect for a home office, study nook, or reading corner. Each bedroom is well-sized, including one with a wraparound sitting area for added character. A spacious Florida room at the rear, with wall-to-wall windows and laundry access, provides extra flexibility for shared living or quiet retreat. The fenced backyard offers privacy, room to enjoy the outdoors, and a shed for storage or future value-add potential. Set in a walkable, historic district with strong rental demand, this property delivers the perfect mix of charm, location, and income potential. Whether you’re a seasoned investor or new to the Lakeland market, this bungalow is a smart opportunity with built-in cash flow and long-term upside. Don’t miss it!

Listing Status:
Active
Date Added:
June 6, 2025 at 05:00AM
Listing Office:
EXP REALTY LLC : 888-883-8509
Listing Agent:
Jen Lay : 863-370-1793
MLS ID:
L4953417
  • General: Attic FanCeiling Fan(s)
  • Rooms: Breakfast Room SeparateFamily RoomFormal Dining Room SeparateFormal Living Room SeparateInside Utility
  • Appliances: Convection OvenCooktopDishwasherDisposalFreezerMicrowaveRefrigeratorTankless Water Heater
  • Laundry: InsideWasher Hookup
  • Flooring: TileHardwood
  • A/C: Central Air
  • Heating: CentralElectric
  • Fireplace: Living RoomWood BurningFireplace

This listing courtesy of Jen Lay, EXP REALTY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lakeland Montessori School House

1124 N Lake Parker Ave, Lakeland, FL, 33805

Grades KG-6

0.22 miles away

L

Lawton Chiles Middle Academy

400 N Florida Ave, Lakeland, FL, 33801

Grades 6-8

1.11 miles away

L

Lakeland Senior High School

726 Hollingsworth Rd, Lakeland, FL, 33801

Grades 9-12

0.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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