817 College Ave, Lakeland, FL 33801

Under contract-accepting backup offers. Heres your chance to own a tenant-occupied bungalow in one of Lakelands 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 thats 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 combi