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1201 Buddwood Road, Lakeland, FL 33801

$550,000
  • 1201 Buddwood Road, Lakeland, FL 33801 Main Photo

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New to the Market Active
BEDS8 BATHS SQUARE FEET3,364 MLS#O6399970
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGOLCONDA

Property 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.

1201 Buddwood Road | MLS# O6399970

This multi-family property located at 1201 Buddwood Road, Lakeland, FL 33801 is currently listed for sale with an asking price of $550,000. Search Lakeland real estate on phogaboom.floridaexecutiverealty.com today.

Property Features

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

Amenities

Eat-in Kitchen
Other

Feature Descriptions

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

Listed By / Shown By

Listed By

Agency Name: LPT REALTY, LLC
Agency Contact: 877-366-2213

Shown By

Agent Name: Peter Hogaboom
Agent Phone: (561) 310-5536
Agency Title: Florida Executive Realty

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Estimated Payment

$ 1,699.23 per month $1,224.06 Principal & Interest $314.75 Property Tax $160.42 Homeowner's Insurance

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