1962 Crystal Grove Drive, Lakeland, FL 33801

$650,000
8
BD
8
BA
4,056
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$650,000
Price Change
▼ $25,000 1788404874
MLS#
O6434625
Bedrooms
8
Bathrooms
8
Sq. Ft
4,056
Lot Size
11,827
Subtype
Quadruplex
County
Polk
Community
No Deed Restriction
Subdivision
Crystal Grove
Region
Lakeland
Year Built
1986

Property Description

Investment Opportunity – 1962 Crystal Grove Drive **Fantastic investment opportunity!** This **4-unit multifamily building** offers an excellent opportunity for investors looking to add an income-producing property to their portfolio. Each unit features a desirable **2-bedroom, 2-bathroom layout**, providing comfortable living space and strong rental appeal. **Two of the four units are currently tenant occupied**, generating **$1,500 per month per occupied unit**, providing immediate rental income while leaving additional potential to maximize the property's overall income. The four-unit configuration offers flexibility for an investor looking to build long-term cash flow and benefit from the continued demand for rental housing. The property's location adds to its investment appeal, with convenient access to everyday shopping, restaurants, schools, parks, and major roadways. Residents can enjoy nearby outdoor recreation, including opportunities for walking, biking, fishing, boating, and exploring Florida's natural surroundings. The area also offers easy access to local entertainment, dining, and shopping, making it an attractive location for both current and future tenants. Nearby attractions and recreational destinations provide plenty of options for enjoying the Florida lifestyle. Whether you're an experienced investor or looking for your first multifamily investment, **1962 Crystal Grove Drive** presents an exciting opportunity with **four 2-bedroom, 2-bathroom units**, existing rental income, and additional potential to increase occupancy and cash flow. **Four units. Strong rental potential. Two units currently producing $1,500/month each. Don't miss this opportunity to add a versatile multifamily property to your investment portfolio!**

Additional Information

Heating
Central
Cooling
Central Air
Roof
Shingle
Sewer
Public Sewer
Exterior Features
Garden
Construction
Concrete
Living Area
4,056

Listing courtesy of TRUDEALS REALTY CORP. Contact: 833-878-3325

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks