$695,000

214 N CHESTNUT ROAD, Lakeland, FL 33815

  • 2,975 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $234/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Investor’s 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-efficiency—ideal for any savvy investor. Roughly 496 Sq ft Under Air in each unit. Perfectly positioned near Lakeland’s 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 Wright’s 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. Don’t miss your chance to own this income-producing gem in one of Central Florida’s most vibrant and growing communities!

Listing Status:
Active
Date Added:
August 7, 2025 at 05:00AM
Listing Office:
HOMESMART : 407-476-0461
Listing Agent:
Mohamed Dembele : 813-410-8946
MLS ID:
TB8415495
  • A/C: Central Air

This listing courtesy of Mohamed Dembele, HOMESMART

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jesse Keen Elementary School

815 Plateau Ave, Lakeland, FL, 33815

Grades PK-5

0.65 miles away

M

McKeel Academy of Technology

1810 W Parker St, Lakeland, FL, 33815

Grades 7-12

0.80 miles away

M

McKeel Academy of Technology

1810 W Parker St, Lakeland, FL, 33815

Grades 7-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.