1835-1841 CRYSTAL GROVE DR, LAKELAND, FL, 33801
$725,000
Residential Income
Bedrooms
8
Bathrooms
8
Living Area
4,056 Sqft
Lot Size
11,000 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRTB8563357 Year Built: 1986
Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer Community Features: Park
Construction Materials: Concrete Cooling: Central Air
Country: US County Or Parish: Polk
Exterior Features: Sidewalk Financial Data Source: Owner
Flooring: Tile Foundation Details: Slab
Furnished: Furnished Heating: Central, Electric, Heat Pump
Laundry Features: Inside, Laundry Room Levels: One
Listing Agreement: Exclusive Agency Listing Terms: Cash, Conventional, USDA Loan, VA Loan
Lot Features: City Limits Occupant Type: Tenant
Property Sub Type: Quadruplex Property Type: Residential Income
Road Surface Type: Asphalt Roof: Shingle
Security Features: Smoke Detector(s) Sewer: Public Sewer
Showing Requirements: Appointment Only, Call Owner Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Available, Public, Sewer Connected, Water Connected Water Source: Public
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