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$550,000

1201 Buddwood Road Lakeland, FL 33801 Multi Unit - Multiple Active

  • 1201 Buddwood Road, Lakeland, FL 33801 Main Photo

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Description

Quadruplex investment opportunity at 1201 Buddwood Rd in Lakeland offering approximately 3,364 square feet of total living area across four units on a 16,679 square foot lot (0.38 acres). Built in 1976 and updated in 2021, the property features a functional layout with three of the four units currently occupied, providing immediate income with additional upside potential. Each unit offers a practical floor plan with private entrances, natural light, and efficient living spaces designed for tenant use. The configuration supports consistent occupancy and straightforward management, making it suitable for both experienced and entry level investors. Opportunity exists to increase revenue through lease adjustments, interior improvements, or stabilization of the remaining unit. The property is located in an established Lakeland area with convenient access to Highway 98 and surrounding roadways, providing connectivity to employment centers, shopping, dining, and everyday services. The location supports steady rental demand and long term tenant retention. This asset presents a strong foundation for cash flow with value add potential. Suitable for investors seeking to expand a portfolio or acquire a multi unit property with in place income, operational stability, and future growth opportunity. Note: This cannot be a child-care facility.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.38 Acres
Roof Type: Shingle
Taxes: $3,777
Year Built: 1976

General Information

Bedrooms: 8
Sqft: 3,364
County: Polk
Subdivision: GOLCONDA
Listed By:
Tyler Gibson LLC LPT REALTY, LLC 877-366-2213

Amenities

Eat-in Kitchen
Other

Property Features

Annual Net Income: 79000.00
Directions: From Highway 98, turn onto Lake Parker Avenue. Continue to Parker Street East and turn right, then take an immediate left onto Golconda Road. Follow to Fortner Road and turn left, then make a right onto Buddwood Drive. The duplexes are located on the curv
Exterior: Block, Brick
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.38
Ownership: Fee Simple
Parking: Parking Pad
Parking Notes: Parking Pad
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Sentri Lock Box
Special Sale Provisions: None
Utilities: Cable Available, Electricity Connected, Public
Water: Public
Water Access Y/N: No
Zoning: RB-1
$550,000
8beds
3,364sqft
New to the Market Active
BEDS8 BATHS SQUARE FEET3,364 MLS#O6399970
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGOLCONDA

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1201 Buddwood Road, Lakeland, FL 33801.

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Estimated Payment

$ 2,330.22 per month $1,855.06 Principal & Interest $314.75 Property Tax $160.42 Homeowner's Insurance

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