214 N CHESTNUT RD new

Lakeland,FL 33815

$ 695000

- Bed

0 Bath

2975 SqFt


Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,975 sqft

Price per Sqft $233

MLS Listing ID TB8415495

HOA Y/N No

Year Built 1982

Annual Tax Amount $4,266

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

Investor's Dream in the Heart of Lakeland!
This fully leased 6-unit residential building is an instant money maker! Each unit features its own electric meter and dedicated central A/C, providing tenants with independence and helping minimize operating expenses for the owner. Located on city utilities with a private septic system, this setup offers both convenience and cost-efficiency—ideal for any savvy investor. Roughly 496 Sq ft Under Air in each unit.

Perfectly positioned near Lakeland's top destinations, tenants enjoy easy access to Lake Mirror and the Frances Langford Promenade, Hollis Garden, Lake Morton, and Bonnet Springs Park. Just minutes away are Circle B Bar Reserve, Polk Theatre, Frank Lloyd Wright's iconic architecture at Florida Southern College, and the AGB Museum of Art.

From the Lakeland Escape Room and Family Fun Center to Common Ground Playground, the Downtown Farmers Curb Market, Silver Moon Drive-In, and Safari Wilderness Ranch, this location delivers consistent rental demand.

Don't miss your chance to own this income-producing gem in one of Central Florida's most vibrant and growing communities!

Location

State FL

County Polk

Area 33815 - Lakeland

Zoning PUD

Interior

Cooling Central Air

Building

Foundation Block

Lot Size Range 0 to less than 1/4

Structure Type Concrete

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8415495

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