Lakeland, FL 33801,701 E LIME ST
Lakeland, FL 33801,701 E LIME ST
Lakeland, FL 33801,701 E LIME ST
Lakeland, FL 33801,701 E LIME ST
Lakeland, FL 33801,701 E LIME ST
Lakeland, FL 33801,701 E LIME ST
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$ 825,000
Est. payment | /mo

6 Beds

6 Baths

5,060 SqFt


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$ 825,000
Est. payment | /mo
Save

6 Beds

6 Baths

5,060 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,060 sqft

Price per Sqft $163

Subdivision Mathis H J Add 01

MLS Listing ID L4953575

Bedrooms 6

Construction Status Completed

HOA Y/N No

Year Built 1927

Annual Tax Amount $4,206

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 55x140

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

This is a six unit property built in 1925 as an apartment building, located just a few blocks from downtown Lakeland, Lake Morton, and Lake Mirror. This is NOT a house converted into apartments. The buildings are wood frame with a shingled roof. A new roof installed on the main building in 2025. The other building roof in 2003. There was Termite treatment/tenting of both buildings in 2024.
There are 4 one bedroom / one bath units fronting at the SE corner of Lime Street and Indiana Avenue in a two story building and two one bedroom / one bath units over the carport building located directly on Indiana Avenue South.
The larger Lime Street building has four 1,000 square foot units, each with one bedroom, one bathroom (with tub), full kitchen, separate living room, separate dining room, and large enclosed porch. There are two units on each floor. There is an entrance on the front (Lime St) and rear of the building. All these units have central A/C
The smaller 2 unit building (Indiana Ave) each have a full kitchen, combined living/dining room area, one bedroom and a full bath. These units have window unit A/C. There is a private, screened-in covered patio/porch for each unit. There are separate staircases leading up to each of these units. All Tenant mailboxes are located under the stairs of unit 412. There are coin operated laundry machines located in the rear of this building, for all tenants use.
All units have a Refrigerator and Stove. Units 1, 3, 4 and 414 have instant hot water heaters. Units 2 and 412 have a standard hot water tank/heater. Hardwood flooring throughout with ceramic tile in the kitchens and bathrooms. Units 1 & 4 have granite countertops in the kitchens. Carport parking (4 bays) is on Indiana Ave under the 2 units building and other parking is on site. City Water and sewer is paid by the owner. Cable is paid by the tenant

Location

State FL

County Polk

Community Mathis H J Add 01

Area 33801 - Lakeland

Zoning MF-22

Interior

Interior Features Ceiling Fans(s)

Heating Central, Electric, Heat Pump, Ductless

Cooling Central Air, Wall/Window Unit(s)

Flooring Ceramic Tile, Wood

Fireplace false

Appliance Electric Water Heater, Range, Range Hood, Refrigerator, Tankless Water Heater

Laundry Laundry Room

Exterior

Exterior Feature Balcony

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water Connected

View City

Roof Type Shake

Porch Covered, Enclosed, Front Porch, Rear Porch, Screened

Garage false

Private Pool No

Building

Lot Description Corner Lot, Historic District, City Limits, Paved

Entry Level One

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Asbestos

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Owner Financing

Listing Terms Owner Financing

Special Listing Condition None

Stellar MLS
Listed by REMAX EXPERTS
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701 E LIME ST