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Wade M. Berlin

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Broker IDX Sites Inc.
The Real Estate Professional You Deserve
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214 Chestnut Road
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PRICED AT ONLY: $695,000

Address: 214 Chestnut Road, LAKELAND, FL 33815

Description

Investors Dream in the Heart of Lakeland! This fully leased 6 unit residential building is an instant money maker! Each unit features its own electric meter and dedicated central A/C, providing tenants with independence and helping minimize operating expenses for the owner. Located on city utilities with a private septic system, this setup offers both convenience and cost efficiencyideal for any savvy investor. Roughly 496 Sq ft Under Air in each unit. Perfectly positioned near Lakelands top destinations, tenants enjoy easy access to Lake Mirror and the Frances Langford Promenade, Hollis Garden, Lake Morton, and Bonnet Springs Park. Just minutes away are Circle B Bar Reserve, Polk Theatre, Frank Lloyd Wrights iconic architecture at Florida Southern College, and the AGB Museum of Art. From the Lakeland Escape Room and Family Fun Center to Common Ground Playground, the Downtown Farmers Curb Market, Silver Moon Drive In, and Safari Wilderness Ranch, this location delivers consistent rental demand. Dont miss your chance to own this income producing gem in one of Central Floridas most vibrant and growing communities!
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  • MLS#: TB8415495 ( Commercial Sale )
  • Street Address: 214 Chestnut Road
  • Viewed: 23
  • Price: $695,000
  • Price sqft: $174
  • Waterfront: No
  • Year Built: 1982
  • Bldg sqft: 3999
  • Days On Market: 45
  • Additional Information
  • Geolocation: 28.0426 / -81.9945
  • County: POLK
  • City: LAKELAND
  • Zipcode: 33815
  • Provided by: HOMESMART
  • Contact: Mohamed Dembele
  • 407-476-0461
  • mfrmls
  • DMCA Notice
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 2975.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: Access Road, City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: BEG 535PT1 FT S OF NE COR OF E1/4 OF SW1/4 OF SE1/4 RUN W 155 FT S 65 FT E 155 FT N TO BEG LESS MAINT R/W
  • Area Major: 33815 - Lakeland
  • Occupant Type: Tenant
  • Parcel Number: 23-28-15-000000-024280
  • Views: 23
  • Zoning Code: PUD

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin