1005 S New York Ave in Lakeland, Florida is a 9-unit multifamily investment property located in the city's Dixieland District. The property consists of a concrete block apartment building with eight two-bedroom, one-bath units and one one-bedroom, one-bath unit. Recent renovations and capital improvements have enhanced the asset's long-term appeal, including a roof replacement in 2018 and air-conditioning replacements in seven of the nine units within the past five years.
The property offers dedicated resident parking and an on-site laundry facility that provides additional income potential. Individual units feature durable, low-maintenance finishes designed to support efficient operations and resident retention. The location places tenants near Downtown Lakeland, local dining and retail destinations, and major transportation corridors, contributing to consistent rental demand within an established residential neighborhood