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$ 695,000
Est. payment /mo
New
214 N CHESTNUT RD Lakeland, FL 33815
2,975 SqFt
UPDATED:
Key Details
Property Type Commercial
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!
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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Listed by HOMESMART