1962 Crystal Grove Drive, LAKELAND, FL

$650,000

Previous Next

8

Beds

8

Baths

4,056

Square feet

0.27

Acres

About 1962 Crystal Grove Drive

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!**

Features of 1962 Crystal Grove Drive

MLS® # O6434625
Price $650,000
Bedrooms 8
Bathrooms 8.00
Square Footage 4,056
Acres 0.27
Year Built 1986
Type Residential Income
Sub-Type Quadruplex
Status Active
Show More Information

Listing Details

OfficeTRUDEALS REALTY CORP

Listing Map

Neighborhood Information for 1962 Crystal Grove Drive

Growing Population, Moderate Residential Turnover, Suburb of Tampa

Weather

Highs


January 73.80℉
July 94.60℉

Lows


January 73.40℉
July 73.40℉
rain icon

Precipitation


49.13

Statistics

Number of Listings

Population Age

Home Listings Prices

Nearby Schools

Great Schools School Name Distance  
Great School

South Mckeel Academy

Public - Preschool to 7Th Grade
1 Miles
Great School

Crystal Lake Middle School

Public - 6Th Grade to 8Th Grade - Closest Middle School
1 Miles
Great School

Oscar J. Pope Elementary School

Public - Preschool to 5Th Grade - Closest Elementry School
1 Miles
Great School

Pathways School Of Excellence

Private - 9Th Grade to
1 Miles
Great School

Polk Virtual Franchise

Public - Kindergarten to 12Th Grade - Closest High School
1 Miles
Great School

Crystal Lake Elementary School

Public - Preschool to 5Th Grade
1 Miles
Great School

Magnolia Montessori Academy

Public - Kindergarten to 6Th Grade
1 Miles

School data provided by GreatSchools

Request a Showing

Provide a valid email address.
When would you like to view this property?