We are pleased to present 1512 Boone Place. This Mediterranean Spanish Style Duplex is in the highly desirable Dixieland Historic District, situated in the heart of Lakeland. Built in 1925 this bungalow contains two, 1 bedroom and 1 bath units. This rare GEM is to not be missed! You have AMAZING OPTIONS: Move into one unit, rent the other to cover the mortgage payment, or rent both for an AWESOME Investment Property. 6% CAP Rate. FOR BOTH UNITS, Features include New Roof and Complete Rebuild of Roof System in 2020, PVC Piping from City Sewer Connection to House, New Driveways, New Steps & Railings, New Irrigation in Front and Back, New Outdoor Lighting, New Landscape Lighting Around Entire Property, New Custom Gutters, New Backyard Drainage System, New Sprinkler Valves with Rain controller, New Upgraded Outside Water faucet, Soundproofing Between Bedrooms, New Vanity & Toilets in bathrooms, Washer / Dryer Hookups and backyard enclosed by a wooden privacy fence. RENOVATIONS for UNIT #1 include Total Rebuild/Construction of Bedroom, New Windows in Bedroom, New Tile Flooring in Bedroom, New Ceiling Fans, New Mitsubishi Ductless AC system, Refinished Wood Flooring, Wall Removed Resulting in a Modern Open Floor Plan, Updated Kitchen and New Kitchen Island, New Quartz Counter Tops, New Appliances, New Exterior Door in Kitchen, In-wall Cabling for Internet & HDMI to Closet, Pull Down Fireplace TV Mount and All New Outlets. Both units have tenants in place who take good care of the property and are very HAPPY! However, both leases are up for renewal unit #2 in December 2021 and unit #1 in January 2022. Immediate CASH FLOW: the monthly income is $2000 total with room to increase rent in this market. The zoning for this property is Duplexes, Tri's, Quad's in the greater Lakeland area 9 units or less. This property is located close Downtown, coffee shops, shopping, entertainment, and great dining, Public Library, Florida Southern College, Southeastern University and Polk State College. Close to dog parks, Lake Morton, Lake Mirror, Lake Hollingsworth, Dixieland, Lakeside Village Shopping, Cleveland Heights Golf Course, Lakeland Tennis Courts, Common Ground Park, Bonnet Springs Park (coming soon) and close to the PUBLIC Boat Ramp to Lake Hunter which is great for boating, fishing, or water sports. Easy commute to Tampa and Orlando. Located just minutes to the Polk Parkway and I-4, this allows for quick and easy access to all of Central Florida, Hospitals, Airports, Walt Disney World, Legoland and other Theme Parks and FLORIDA BEACHES!! There is NOTHING like this currently on the market so this GREAT Investment Property will not Last Long. Buyer to verify all room measurements. Please Call Today for Your Private Showing!