1835-1841 Crystal Grove Drive, Lakeland, FL 33801

$725,000
8
BD
8
BA
4,056
SqFt

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List Price
$725,000
Status
Active
Days on Market
0
MLS#
TB8563357
Property Style
Quadruplex
Year Built
1986
Bedrooms
8
Bathrooms
8
Living Area
4,056
Lot Size
11,000
Acres
0.25
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Crystal Grove
MLS Area Major
Lakeland

Property Description

Extensively updated four-plex in Lakeland offering approximately 4,056 sqft of living space. Each of the four spacious units features two bedrooms and two bathrooms, including a primary bedroom with an en suite bath. The roof was replaced in 2023. Since taking ownership in 2023, the owner has invested nearly $100,000 in renovations and improvements, including updated kitchens, bathrooms and interiors in all four units; replacement of approximately half the windows; new front doors in three units; new siding in the front; and new exterior paint throughout. All four water heaters were replaced in 2023. All four units have newer AC systems or updated components: Unit 1835’s AC dates to 2022; Unit 1841’s system was replaced in 2023 ($7000); Unit 1837 received a new evaporator coil in 2024 ($1700); and Unit 1839 received a new evaporator coil in 2024 ($1700) and a new condenser in 2025 ($2500). Unit 1841 and 1835 are identical and both furnished. Unit 1841 is currently leased at $2,000 per month, and unfurnished unit previously leased at $1,500 per month. Units 1837 and 1839 are also identical, with 1837 just had renovation completed. Situated on approximately one-quarter acre with on-site parking, this property offers existing rental income and substantial improvements already completed. Financial documents available upon requests.

Additional Information

Taxes
$8360
Minimum Lease
No Minimum
Annual Gross Income
71214
Location
City Limits
Community Features
Park, No Deed Restriction
Property Description
One Story
Zoning
PUD
Interior Layout
Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat
Floor
Tile
Appliances
Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer
Utilities
Electricity Available, Public, Sewer Connected, Water Connected
Heating
Central, Electric, Heat Pump
Air Conditioning
Central Air
Exterior Construction
Concrete
Exterior Features
Sidewalk
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
24-28-28-247010-017290
Legal Description
CRYSTAL GROVE PB 72 PG 33 LOT Q-29

Listing courtesy of HOMECOIN.COM. 888-400-2513

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