214 N CHESTNUT ROAD 6 LAKELAND, FL - Image 1214 N CHESTNUT ROAD 6 LAKELAND, FL - Image 2214 N CHESTNUT ROAD 6 LAKELAND, FL - Image 3214 N CHESTNUT ROAD 6 LAKELAND, FL - Image 4

$695,000

0 Beds 0 Baths 2,975 SQFT 0.20 Acres
Type: Commercial

214 N CHESTNUT ROAD 6
LAKELAND, FL 33815

MLS#: TB8534756
Mike Varner
Mike Varner
The Real Estate Advantage
Phone: 952.406.2432
Office: 952.898.5800
Presented by: LOKATION with 954-545-5583. - 954-545-5583

Property Description

 

Fully leased 6-unit multifamily in the heart of Lakeland — six 1BD/1BA units at approximately 496 sq ft each, all occupied and producing from day one. Every unit has its own electric meter and central A/C, keeping tenants self-sufficient and owner expenses lean. Solid concrete construction means durability and low maintenance year after year. City water with private septic. Steps from the best of downtown: Lake Mirror, Hollis Garden, Bonnet Springs Park, the Polk Theatre, and Florida Southern College. True turnkey cash flow in one of Central Florida's fastest-growing markets — the kind of asset that rarely comes available.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
AppliancesRefrigerator
Building Area Units0 sqft
CityLAKELAND
Construction MaterialsConcrete
CoolingCentral Air
CountyPolk
DirectionsFrom I-4, take Exit 32 (US-98 / Lakeland) and head north on US-98 for about 3 miles. Turn onto E Memorial Blvd, then turn onto N Chestnut Rd — the property is on the right, just off the highway.
DockY/NNo
Flood Zone CodeX
Flood Zone Code XY
Gross Income74400
Legal DescriptionBEG 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
LevelsOne
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet8,756 sqft
Lot Size UnitsSquare Feet
MLS Area33815 - Lakeland
New ConstructionNo
Number Of Units Total6
Occupancy TypeTenant
OwnershipFee Simple
Property SubtypeMulti Family (5+)
Property TypeCommercial Sale
Security FeaturesSmoke Detector(s)
SewerSeptic Tank
Standard StatusActive
StatusActive
Tax Annual Amount$11,702
Tax Year2025
Unit Number6
UtilitiesElectricity Available, Phone Available, Public, Telephone Nearby
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1982
ZoningPUD

Exterior

Building Area Total3,999 sqft
Foundation DetailsConcrete Perimeter
Lot Size Acres0.2
Lot Size Area8,756 sqft
Number of Buildings1
Road Frontage TypeCity Street
Road Surface TypeBrick, Concrete
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$695,000

0 Beds 0 Baths 2,975 SQFT 0.20 Acres
Type: Commercial

214 N CHESTNUT ROAD 6
LAKELAND, FL 33815

MLS#: TB8534756
Mike Varner
Mike Varner
The Real Estate Advantage
Phone: 952.406.2432
Office: 952.898.5800