1128 North Stella Avenue

Lakeland, FL 33805

$399,800
Price
—
Beds
2,038 Sq. Ft.
$196 / Sq. Ft.
2,038
Sq. Ft.
$196
per Sq. Ft.

Description

Welcome to the epitome of real estate gold in the flourishing city of Lakeland, Florida! This duplex is more than just a property; it's a lucrative investment waiting to be seized. With two spacious units, each boasting 3 bedrooms and 2 bathrooms, along with inviting living spaces, kitchens, and convenient laundry facilities, this duplex offers both comfort and practicality. Unit A awaits your personal touch, while Unit B is already generating income, currently leased at $2250 per month. Built for...Welcome to the epitome of real estate gold in the flourishing city of Lakeland, Florida! This duplex is more than just a property; it's a lucrative investment waiting to be seized. With two spacious units, each boasting 3 bedrooms and 2 bathrooms, along with inviting living spaces, kitchens, and convenient laundry facilities, this duplex offers both comfort and practicality. Unit A awaits your personal touch, while Unit B is already generating income, currently leased at $2250 per month. Built for savvy investors or those looking to house hack, the potential for passive income is remarkable, with a total monthly rent potential of $4500, equating to a handsome $54,000 annually. But it's not just about the numbers; this property has been meticulously renovated in 2021, ensuring peace of mind with a new roof, plumbing, electrical, and HVAC system. Convenience is key, with ample on-street and off-street parking, a tranquil backyard oasis for relaxation and entertaining, and proximity to Downtown Lakeland's vibrant dining, shopping, and entertainment scene. Plus, with easy access to major highways like I-4 and the serene Lake Parker, the location couldn't be more ideal. Don't miss out on this incredible opportunity to secure your slice of Lakeland's real estate boom. Act now before it's too late!
  1. Listed by Ramez Lahham • YOU FIRST REALTY AND ASSOC LLC

Property Details for 1128 North Stella Avenue

Subdivision Name
BON AIR ADD
Township
28
Waterfront
No

Location

Listing Courtesy of YOU FIRST REALTY AND ASSOC LLC, Ramez Lahham
Add your commute
LISTING UPDATED: 04/21/2024 09:31 PM

Property Details for 1128 North Stella Avenue

StatusActive
MLS #T3518312
Days on Market18
Taxes$4,421 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1925
Lot Size0.16 AC / 6,752 SF
CountyPolk County

Location

Listing Courtesy of YOU FIRST REALTY AND ASSOC LLC, Ramez Lahham
Add your commute

Building Information for 1128 North Stella Avenue

Stories-Residences2Year Built1925Building Size-Lot Size0.16 AC / 6,752 SF

Payment Calculator

$2,550 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,182

Property Taxes

$368

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1128 North Stella Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2296.0
  • Building Area Units: Square Feet
  • Directions: Take I-4 to exit to exit 28 toward US-92/Lakeland. Merge onto FL-546/W Memorial Blvd. In 3.6 miles turn left onto FL-33 N. In 0.2 miles make a right onto E. Garden St, then make a right onto N Stella Ave. Home will be on your right hand side
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1128
  • Street Direction Prefix: N
  • Street Name: STELLA
  • Street Suffix: AVENUE
  • State: FL
  • City: LAKELAND
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: B
  • Tax Book Number: 1-114
  • Tax Legal Description: BON AIR ADD PB 1 PGS 114 & 115 BLK B LOT 6
  • Tax Lot: 6
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 50x135
  • Parcel Number: 24-28-07-171000-010060
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: RB-1
  • Living Area: 2038
  • Lot Dimensions: 50x135
Property and Assessments
  • Year Built Numeric: 1925
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 24
  • Public Survey Section: 07
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Lighting, Other
  • Foundation Details: Crawlspace
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Ceiling Fans(s)
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $12,835
  • Annual Net Income: $41,165.00
  • Est Annual Market Income: $54,000.00
  • Gross Income: $54,000
  • Total Monthly Expenses: $1,069
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 3
  • Unit Type Pro Forma 1: 2250
  • Unit Type Type 1: 3 Bed/2 Bath
Unit 2
  • Unit Type Baths Total 2: 2
  • Unit Type Beds Total 2: 3
  • Unit Type Pro Forma 2: 2250
  • Unit Type Type 2: 3 Bed/2 Bath
Rental
Rental Information
  • Total Actual Rent: $4,500

Property History for 1128 North Stella Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1128 North Stella Avenue

Taxable ValueLand$23,077Additions$222,858Total$245,935
Tax Record2023$4,421 ($368 / month)
Home Facts
Beds3Total Finished SqFt2,038 SqFtAbove Grade Finished SqFt2,038 SqFtStories2Lot Size6,752 SqFtStyleSingle Family ResidenceYear Built1925Year Renovated2005ZoningRB-1CountyPOLKAPN242807171000010060

Schools near 1128 North Stella Avenue

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Combee Academy of Design and Engineering
PublicPK to 5

Winston Academy of Engineering
PublicPK to 5

Carlton Palmore Elementary School
PublicPK to 5

Rochelle School Of The Arts
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1128 North Stella Avenue is a multi-family home for sale in Lakeland, FL 33805. This property was listed for sale on April 11, 2024 by YOU FIRST REALTY AND ASSOC LLC, it's currently listed at $399,800. It has been on the market for a total of 18 days and was last sold on March 31, 2021. This listing's school district is Polk. Nearby schools include Combee Academy of Design and Engineering, Winston Academy of Engineering and Carlton Palmore Elementary School. 1128 North Stella Avenue is a 0-bed, 0-bath, 2,038 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of YOU FIRST REALTY AND ASSOC LLC, Ramez Lahham

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/21/2024 09:31 PM