1962 Crystal Grove Drive, Lakeland, FL 33801
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
1962 Crystal Grove Drive,Lakeland, FL 33801
$650,000
- 8 Beds
- 8 Baths
- 4,056 sq. ft.
- Multi-family
- Active
Listed by: candace garber
Office: trudeals realty corp
MLS#:O6434625
Source:MFRMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$160.26
About this home
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!**...
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Home facts
- Year built:1986
- Subdivision & Development:CRYSTAL GROVE
- Listing ID #:O6434625
- Added:20 day(s) ago
- Updated:September 07, 2026 at 08:59 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Basement Description:Block
- Living area:4,056 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1986
- Building area:4,056 sq. ft.
- Lot area:0.27 Acres
- Construction Materials:Concrete
- Exterior Features:Garden
- Foundation Description:Block
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$160.26
- Tax amount:$5,943 (2025)
Features and amenities
- Laundry features:Laundry Room
- Amenities:Cable Available
- Pool features:Public Pool
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