2929 NINE IRON DR, LAKELAND, FL, 33801
$499,000
Residential Income
Bedrooms
8
Bathrooms
4
Living Area
3,400 Sqft
Lot Size
15,355 Sqft
Don't miss this exceptional investment opportunity featuring two duplexes on one lot, offering four income-producing units with immediate cash flow. Located at 2929 Nine Iron Drive and 2934 Eight Iron Drive, all four units are currently occupied with 12-month leases in place, providing stable rental income from day one. Each duplex features 2 bedrooms, and 1 full bathroom and a washer/dryer hookups for added convenience. Both roofs were replaced in 2019. This property is centrally located in Lakeland, offering convenient access to shopping, dining, major roadways, schools, and everyday amenities, making it an attractive location for tenants and helping support long-term rental demand. Whether you're looking to expand your investment portfolio or secure a multifamily asset, opportunities like this are hard to find. With four occupied units, strong income potential, and a central location, this is an investment you won't want to miss.
Property Details
Property Features Property Features
MLS ID: MFRL4963478 Year Built: 1983
Construction Materials: Concrete Cooling: Central Air
Country: US County Or Parish: Polk
Exterior Features: Lighting Foundation Details: Slab
Heating: Central Laundry Features: Electric Dryer Hookup, Laundry Closet, Washer Hookup
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA Occupant Type: Tenant
Property Sub Type: Duplex Property Type: Residential Income
Road Surface Type: Dirt, Gravel Roof: Shingle
Sewer: Public Sewer Showing Requirements: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox, See Remarks
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Water Source: Public
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