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Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1986
Sq.Footage
4,056
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 & Amenities
Interior
-
Other Interior Features
Other
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete
-
Other Exterior Features
Garden
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.27
-
Lot Size(square feet)
11,827
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$650,000
-
Tax Amount
$5,943.02
-
Sq. Footage
4,056
-
Price/SqFt
$160
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Block
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
Q-32
-
Water Source
Public
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Location
County
Polk
Elementary School
Middle School
High School
Listing Courtesy of Candace Garber, TRUDEALS REALTY CORP
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
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