
Income-producing opportunity in Lakeland! This quadplex delivers strong and consistent cash flow, currently generating approximately **$70,000 in annual gross rental income**.Each of the four units is well-positioned to attract and retain long-term tenants, offering stability and minimal vacancy. The property is conveniently located near major roadways, shopping, dining, and employment centers, making it highly desirable in a strong rental market.**Investment Highlights:*** Quadruplex (4 units)*...Income-producing opportunity in Lakeland! This quadplex delivers strong and consistent cash flow, currently generating approximately **$70,000 in annual gross rental income**.Each of the four units is well-positioned to attract and retain long-term tenants, offering stability and minimal vacancy. The property is conveniently located near major roadways, shopping, dining, and employment centers, making it highly desirable in a strong rental market.**Investment Highlights:*** Quadruplex (4 units)* Gross Annual Income: ~$70,000* Stable occupancy with consistent rental demand* Desirable Central Florida location* Opportunity for future rent growth**Investment Metrics (Pro Forma):*** Estimated Operating Expenses (30%): $21,000* **Net Operating Income (NOI): $49,000****Estimated Cap Rates:*** 7.0% at $700,000A solid opportunity for investors seeking reliable income with upside potential in a growing market. Ideal for both seasoned investors and those looking to expand their portfolio with a performing asset.
View MoreCourtesy of
Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509
Agent Name: Ken Jones
Presented by
Agent Name: Ramona Bautista Team
Agent Phone: 954.907.6272
Agency Title: The Keyes Company
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1962 Crystal Grove Drive, Lakeland, FL 33801.
Email 1962 Crystal Grove Drive, Lakeland, FL 33801
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