8 Beds
8 Baths
4,056 SqFt
8 Beds
8 Baths
4,056 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,056 sqft
Price per Sqft $166
Subdivision Crystal Grove
MLS Listing ID O6434625
Bedrooms 8
HOA Y/N No
Year Built 1986
Annual Tax Amount $5,943
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 108x110
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
**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!**
Location
State FL
County Polk
Community Crystal Grove
Area 33801 - Lakeland
Zoning PUD
Interior
Interior Features Other
Heating Central
Cooling Central Air
Fireplace false
Laundry Laundry Room
Exterior
Exterior Feature Garden
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Block
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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