817 COLLEGE AVE, LAKELAND, FL, 33801
$349,000
Residential
Bedrooms
3
Bathrooms
2
Living Area
1,560 Sqft
Lot Size
6,752 Sqft
Here’s your chance to own a tenant-occupied bungalow in one of Lakeland’s most desirable rental spots — just a mile from Lake Hollingsworth, minutes from Downtown Lakeland, and right across from Florida Southern College. With a lease already in place through January, this property delivers instant income and flexibility for your next move. Whether you continue it as a steady rental, renovate for added value, or convert it into student housing or a furnished mid-term rental, the options are wide open. Inside, this 3-bedroom, 1.5-bath home blends historic charm with everyday comfort. Original hardwood floors, great natural light, and a cozy wood-burning fireplace create a warm, welcoming living space. The classic front porch—complete with a swing and ceiling fan—adds timeless appeal that tenants love. The kitchen features stainless steel appliances and looks out over the backyard, flowing seamlessly into a dining area and a flexible bonus room that’s perfect for a home office, study nook, or reading spot. Each bedroom offers generous space, including one with a charming wraparound sitting area. A bright Florida room at the back—with wall-to-wall windows and laundry access—adds even more versatility for shared living or quiet downtime. The fenced backyard offers privacy, space to relax, and a storage shed ready for your finishing touches. Situated in a walkable, historic neighborhood with consistently strong rental demand, this property combines location, charm, and investment potential all in one. Whether you’re an experienced investor or just starting your real estate portfolio, this bungalow is a smart buy with built-in cash flow and long-term upside. Come take a look — opportunities like this don’t last long!
Property Details
Property Features Property Features
MLS ID: MFRL4953417 Year Built: 1925
Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Freezer, Microwave, Refrigerator, Tankless Water Heater Architectural Style: Bungalow
Community Features: Street Lights Construction Materials: Frame
Cooling: Central Air, Attic Fan Country: US
County Or Parish: Polk Direction Faces: East
Exterior Features: French Doors, Sidewalk Fencing: Fenced, Wood
Fireplace Features: Living Room, Wood Burning Flooring: Tile, Wood
Foundation Details: Crawlspace Heating: Central, Electric
Laundry Features: Inside, Washer Hookup Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Features: Historic District, City Limits, In County, Landscaped, Sidewalk, Paved Occupant Type: Tenant
Other Equipment: Irrigation Equipment Other Structures: Shed(s)
Parking Features: On Street Patio And Porch Features: Covered, Front Porch
Property Sub Type: Single Family Residence Property Type: Residential
Road Surface Type: Paved Roof: Shingle
Security Features: Security System Sewer: Public Sewer
Showing Requirements: 24 Hour Notice, Combination Lock Box, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Meter, Water Connected Vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
Water Source: Public Window Features: Blinds
Rooms Rooms
Living Room: Dining Room:
Kitchen: Primary Bedroom:
Primary Bathroom: Bedroom 1:
Bedroom 2: Florida Room:
Bonus Room: Den:
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