1962 Crystal Grove Drive, LAKELAND, FL

$650,000

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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

Community Information

Address 1962 Crystal Grove Drive
Area Lakeland
Subdivision CRYSTAL GROVE
City LAKELAND
County Polk
State FL
Zip Code 33801-8034

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Features Other
Heating Central
Cooling Central Air
Fireplace No

Exterior

Exterior Features Garden
Roof Shingle
Foundation Block

Additional Information

Date Listed August 18th, 2026
Days on Market 8
Zoning PUD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTRUDEALS REALTY CORP

Listing Map

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