Active

$550,000

Features:
  • 8 Bedrooms
  • 4 Bathrooms
  • 3364 sq ft
Overview
  • ID: MFRO6399970
  • Bedrooms: 8
  • Bathrooms: 4
  • Size: 3364 sq ft
Property Details
Remarks
Quadruplex investment opportunity at 1201 Buddwood Rd in Lakeland offering approximately 3,364 square feet of total living area across four units on a 16,679 square foot lot (0.38 acres). Built in 1976 and updated in 2021, the property features a functional layout with three of the four units currently occupied, providing immediate income with additional upside potential. Each unit offers a practical floor plan with private entrances, natural light, and efficient living spaces designed for tenant use. The configuration supports consistent occupancy and straightforward management, making it suitable for both experienced and entry level investors. Opportunity exists to increase revenue through lease adjustments, interior improvements, or stabilization of the remaining unit. The property is located in an established Lakeland area with convenient access to Highway 98 and surrounding roadways, providing connectivity to employment centers, shopping, dining, and everyday services. The location supports steady rental demand and long term tenant retention. This asset presents a strong foundation for cash flow with value add potential. Suitable for investors seeking to expand a portfolio or acquire a multi unit property with in place income, operational stability, and future growth opportunity. Note: This cannot be a child-care facility.
Financial Considerations
Price:
$550,000
HOA Fee:
N/A
Tax Amount:
$3777.38
Price per SqFt:
$163.5
Tax Legal Description:
GOLCONDA PB 8 PG 34 BLK 4 LOTS 24 & 25
Exterior Features
Lot Size:
16679
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Pad
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1976
Construction Type:
Block, Brick
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    1201 BUDDWOOD RD
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