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1962 Crystal Grove Dr, Lakeland, Florida 33801

  • $650,000
  • $675,000
1962 CRYSTAL GROVE DRIVE, Lakeland, FL 33801
Active For Sale
1962 Crystal Grove Dr, Lakeland, Florida 33801
1962 CRYSTAL GROVE DRIVE, Lakeland, FL 33801
  • $650,000
  • $675,000

Overview

Property ID: HZO6434625
  • Quadruplex, Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 1986
  • Year Built

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!**

  • Address 1962 CRYSTAL GROVE DRIVE
  • City Lakeland
  • State/county FL
  • Zip/Postal Code 33801
  • Country US

Details

Updated on November 2, 2026 at 12:57 pm
  • Property ID: HZO6434625
  • Price: $650,000
  • Land Area: 0.27 Acres
  • Bedrooms: 8
  • Bathrooms: 8
  • Year Built: 1986
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash, Conventional
  • Roof: Shingle
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • County: Polk
  • Property Type: Residential Income

Features

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