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$650,000 - 1962 Crystal Grove Drive, LAKELAND

8
Bedrooms
8
Baths
4,056
SQ. Feet
0.27
Acres

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!**

Essential Information

  • MLS® #:
    O6434625
  • Price:
    $650,000
  • Bedrooms:
    8
  • Bathrooms:
    8.00
  • Square Footage:
    4,056
  • Acres:
    0.27
  • Year Built:
    1986
  • Type:
    Residential Income
  • Sub-Type:
    Quadruplex
  • Status:
    Active

Community Information

  • Address:
    1962 Crystal Grove Drive
  • Area:
    Lakeland
  • Subdivision:
    CRYSTAL GROVE
  • City:
    LAKELAND
  • County:
    Polk
  • State:
    FL
  • Zip Code:
    33801-8034

Interior

  • Interior Features:
    Other
  • Heating:
    Central
  • Cooling:
    Central Air

Exterior

  • Exterior Features:
    Garden
  • Roof:
    Shingle
  • Foundation:
    Block

Additional Information

  • Days on Market:
    22
  • Zoning:
    PUD

Listing Details

  • Listing Office:
    Trudeals Realty Corp

Listing information courtesy of Trudeals Realty Corp.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on September 18th, 2026 at 4:10pm EDT.