Multi-Family $ 0

1201 BUDDWOOD RD

Lakeland, FL 33801

  • 8 Beds
  • 4 Baths
  • 3,364 SqFt
  • 0.38 Lot Size
  • 1976 Year Built
Under contract-accepting backup offers. 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.
Listed by LPT REALTY, LLC

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Quadruplex

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 3, 364 sqft

    Price per Sqft $163

    Subdivision Golconda

    MLS Listing ID O6399970

    Bedrooms 8

    Construction Status Completed

    HOA Y/N No

    Year Built 1976

    Annual Tax Amount $3,777

    Lot Size 0.380 Acres

    Acres 0.38

    Lot Dimensions 65x130

    Property Sub-Type Quadruplex

    Source Stellar MLS

  • Location

    State FL

    County Polk

    Community Golconda

    Area 33801 - Lakeland

    Zoning RB-1

  • Building

    Foundation Slab

    Lot Size Range 1/4 to less than 1/2

    Sewer Public Sewer

    Water Public

    Structure Type Block,Brick

    New Construction false

    Construction Status Completed

  • Interior

    Interior Features Eat-in Kitchen

    Heating Central, Electric

    Cooling Central Air

    Fireplace false

    Laundry Inside

  • Exterior

    Exterior Feature Other

    Parking Features Parking Pad

    Utilities Available Cable Available, Electricity Connected, Public

    Roof Type Shingle

    Garage false

    Private Pool No

  • Others

    Senior Community No

    Ownership Fee Simple

    Acceptable Financing Cash, Conventional, FHA, VA Loan

    Listing Terms Cash, Conventional, FHA, VA Loan

    Special Listing Condition None

    Virtual Tour https://mls.ricoh360.com/7ac3710a-adf9-4569-aa12-ec7b0c68db9b

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CONTACT

Tyler Gibson
Tyler Gibson

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