Harding Real Estate Team

1835-1841 Crystal Grove Drive, Lakeland, FL 33801

$725,000
  • 1835-1841 Crystal Grove Drive, Lakeland, FL 33801 Main Photo

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New to the Market Active
BEDS8 BATHS SQUARE FEET4,056 MLS#TB8563357
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCRYSTAL GROVE

Property Description

Extensively updated four-plex in Lakeland offering approximately 4,056 sqft of living space. Each of the four spacious units features two bedrooms and two bathrooms, including a primary bedroom with an en suite bath. The roof was replaced in 2023. Since taking ownership in 2023, the owner has invested nearly $100,000 in renovations and improvements, including updated kitchens, bathrooms and interiors in all four units; replacement of approximately half the windows; new front doors in three units; new siding in the front; and new exterior paint throughout. All four water heaters were replaced in 2023. All four units have newer AC systems or updated components: Unit 1835's AC dates to 2022; Unit 1841's system was replaced in 2023 ($7000); Unit 1837 received a new evaporator coil in 2024 ($1700); and Unit 1839 received a new evaporator coil in 2024 ($1700) and a new condenser in 2025 ($2500). Unit 1841 and 1835 are identical and both furnished. Unit 1841 is currently leased at $2,000 per month, and unfurnished unit previously leased at $1,500 per month. Units 1837 and 1839 are also identical, with 1837 just had renovation completed. Situated on approximately one-quarter acre with on-site parking, this property offers existing rental income and substantial improvements already completed. Financial documents available upon requests.

1835-1841 Crystal Grove Drive | MLS# TB8563357

This multi-family property located at 1835-1841 Crystal Grove Drive, Lakeland, FL 33801 is currently listed for sale with an asking price of $725,000. Search Lakeland real estate on www.hardingrealestateteam.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric, Heat Pump
Lot Size: 0.25 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $8,360
Year Built: 1986

Amenities

Ceiling Fans(s)
Living Room/Dining Room Combo
Thermostat
Sidewalk

Feature Descriptions

Annual Net Income: 57654.00
Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer
Community Features: Park
Days on Site: 1
Directions: Use gps navigation to 1837 Crystal Grove Drive, Lakeland, FL 33801, and youâ??ll see unit 1837 and 1839 in the front. Unit 1835 and 1841 are in the back.
Exterior: Concrete
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, USDA Loan, VA Loan
Lot: City Limits
Lot Dimensions: 0.25
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Owner
Special Sale Provisions: None
Units: 4
Utilities: Electricity Available, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: PUD

Listed By / Shown By

Listed By

Agency Name: HOMECOIN.COM
Agency Contact: 888-400-2513

Shown By

Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty

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Estimated Payment

$ 4,963.57 per month $4,055.44 Principal & Interest $696.67 Property Tax $211.46 Homeowner's Insurance

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