REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Dec

Fri

Dec

Sat

Dec

Jonathan Vega

[email protected] +1(786) 417-5918

$ 420,000

Est. payment -/mo

Save Virtual Tour

Price Dropped by $40K

1642 ATHENS ST Lakeland, FL 33803

4 Beds

2 Baths

2,522 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,522 sqft

Price per Sqft $166

Subdivision Waverly Place Resub Pb 28

MLS Listing ID A11911755

Style One Story

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1961

Annual Tax Amount $6,082

Tax Year 2025

Lot Size 0.410 Acres

Property Sub-Type Single Family Residence

Property Description

High-Potential Investor Special – Short Sale Pending Lender Approval! Spacious 4-bed, 2-bath home with 3,700+ sq ft under roof on 0.41 acres in Lakeland. Perfect for assisted living, sober living, transitional housing, or multi-tenant rentals. Sold as-is with updates needed, such as kitchen remodeling, in which the owner will give a credit to the buyer through an insurance check received by the owner. Despite the needed repairs, this home has already undergone extensive upgrades that add tremendous long-term value. Recent improvements include 18 new windows (2023), luxury vinyl plank flooring (2023), fresh interior and exterior paint (2023), and a new septic tank and drain field (2023). The home is highly energy-efficient with 28 paid-off solar panels, a solar water heater, a solar attic fan, and a Generac home generator with a 250-gallon propane tank capable of powering the property for up to one week. Additional features include a metal roof (2015), a home water softener and filtration system, and a UV light air purification system. Flexible zoning, no HOA, multiple living areas, sunroom, 2 garages, and an oversized shed. Prime location near highways, hospitals, and shopping. Strong cash flow and upside potential! According to the owner, the home generated $30,000 monthly while operating as a sober living facility. Buyers can apply for an FHA 203(k) loan to finance the renovations. Military veterans have the option to inquire about a VA Renovation Loan as well.

Location

State FL

County Polk

Community Waverly Place Resub Pb 28

Area 5940 Florida Other

Interior

Interior Features Built-in Features, Bedroom on Main Level, Eat-in Kitchen, Family/Dining Room, First Floor Entry, Living/Dining Room

Heating Central

Cooling Central Air

Flooring Vinyl

Furnishings Unfurnished

Window Features Blinds

Appliance Dryer, Refrigerator, Washer

Exterior

Exterior Feature Patio, Room For Pool, Shed

Parking Features Attached

Garage Spaces 1.0

Pool None

View Garden

Roof Type Metal

Porch Patio

Garage Yes

Private Pool No

Building

Lot Description <1 Acre

Faces South

Story 1

Sewer Septic Tank

Water Public

Architectural Style One Story

Structure Type Block

Others

Senior Community No

Restrictions No Restrictions

Tax ID 24-28-29-250000-001081

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Short Sale, Listed As-Is

Virtual Tour https://www.zillow.com/view-imx/65e3084f-3133-42f4-9162-5d83978c73e2?setAttribution=mls&wl=true&initialViewType=pano

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Fortune Christie's Intl R.E.

Jonathan Vega

Estate Agent | License ID: 3330857

+1(786) 417-5918

Jonathan Vega

1642 ATHENS ST Lakeland, FL 33803

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

1642 ATHENS ST