1962 Crystal Grove Drive, Lakeland, FL 33801

$675,000
8
BD
8
BA
4,056
SqFt

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List Price
$675,000
Status
ACTIVE
Days on Market
4
MLS#
O6434625
Subtype
Residential Income
Style
One Story
Year Built
1986
Bedrooms
8
Bathrooms
8
Living Area
4,056
Lot Size
11,827
Acres
0.27
Subdivision
Crystal Grove
MLS Area Major
Lakeland

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

Interior Features
Other
Exterior Features
Garden
Financing
Cash, Conventional
Community Features
No Deed Restriction
Property Description
One Story
Zoning
PUD
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete
Exterior Features
Garden
Levels
One
Roof
Shingle
Foundation
Block

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

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Calculator source: Real Geeks

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