Stacey Lenz
REALTOR®
BEDS6
BATHS
SQUARE FEET3,886
MLS#O6451551
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCRYSTAL GROVE
Property Description
Under contract-accepting backup offers. **Fantastic Multifamily Investment Opportunity in Lakeland!**Discover the potential at 1887 Crystal Grove Drive, a four-unit multifamily property located in the established Crystal Grove neighborhood of Lakeland. Featuring four individual 2-bedroom, 2-bathroom units, this property offers an attractive opportunity for investors looking to expand their rental portfolio or explore long-term income potential.The property offers approximately 3,896 square feet of building area, with a practical unit configuration designed to appeal to a variety of renters. Convenient features include central air conditioning, city water, and public sewer. Whether you are an experienced investor or looking for your next multifamily acquisition, this property presents an opportunity to own an income-producing asset in a growing Central Florida market.Enjoy convenient access to Lakeland's shopping, dining, and recreational destinations. Nearby attractions include **Lake Mirror and its scenic waterfront promenade, Hollis Garden, Lake Morton, and Munn Park in downtown Lakeland**. For outdoor enthusiasts, Bonnet Springs Park offers walking trails, gardens, playgrounds, and open green spaces. The area also provides access to local restaurants, entertainment, and everyday conveniences.Conveniently located in Lakeland, between Tampa and Orlando, this multifamily property offers the potential to benefit from the area's established rental market and Central Florida location.**Four units, eight bedrooms in total, and an opportunity to build your investment portfolio-bring your vision and explore the possibilities at Crystal Grove!**
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.33 Acres
Roof Type: Other
Taxes: $5,924
Year Built: 1986
Amenities
Other
Garden
Feature Descriptions
Annual Net Income: 54000.00
Directions: From US Highway 98:- Head toward East Memorial Boulevard (US-92) in Lakeland.- Continue toward the Crystal Lake area.- Turn onto North Crystal Lake Drive.- Continue to Crystal Grove Drive and follow the road into the Crystal Grove neighborhood.- Proceed t
Exterior: Block
Flood Zone Code: X
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.33
Ownership: Fee Simple
Pets Allowed: Cats OK, Dogs OK
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: PUD
Listed By / Shown By
Listed By
Agency Name: TRUDEALS REALTY CORP
Agency Contact: 833-878-3325
Shown By
Agent Name: Stacey Lenz
Agent Phone: (813) 792-1633 Cell
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 2,066.94 per month $1,390.98 Principal & Interest $493.67 Property Tax $182.29 Homeowner's InsuranceChange Payment Information
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1887 Crystal Grove Drive | MLS# O6451551
This multi-family property located at 1887 Crystal Grove Drive , Lakeland, FL 33801 is currently listed for sale with an asking price of $625,000. Search Lakeland real estate on slenz.floridaexecutiverealty.com today.