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214 N Chestnut Rd Lakeland, FL 33815

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For Sale
$695,000

Fully leased 6-unit building in Lakeland, an investor's dream.

Lot size:
0.20 Acres

Property Features for 214 N Chestnut Rd

General Information

Property type
Commercial
Standard status
Active
Lot size
0.20 Acres

Building Details

Year built
1982

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Listing Contact
Mohamed Dembele
Mohamed Dembele
Source: Elliman

Listing Agent: Mohamed Dembele

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Lakeland Leased 6-Unit Residential Building

This fully leased 6-unit residential building in Lakeland is an income-producing property. Each unit is equipped with its own electric meter and dedicated central A/C. The property utilizes city utilities and a private septic system. Each unit provides approximately 496 square feet of space. The property is positioned near Lake Mirror and the Frances Langford Promenade, Hollis Garden, Lake Morton, and Bonnet Springs Park. It is also located minutes away from Circle B Bar Reserve, Polk Theatre, Frank Lloyd Wright’s architecture at Florida Southern College, and the AGB Museum of Art. Additional nearby destinations include the Lakeland Escape Room and Family Fun Center, Common Ground Playground, the Downtown Farmers Curb Market, Silver Moon Drive-In, and Safari Wilderness Ranch. This location is suitable for residential income and multifamily use.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lakeland
County
Polk
State
Florida
Longitude
-81.9944567
Latitude
28.0425527

FAQs

What type of property is this?
Apartment building - Fully leased 6-unit building in Lakeland, an investor's dream.
Where is this apartment building located?
The property is located at 214 N Chestnut Rd Lakeland, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: - Fully leased 6-unit residential building provides instant income.; - Each unit has its own electric meter and dedicated central A/C.; - Located near popular Lakeland destinations, including Lake Mirror, Hollis Garden and Bonnet Springs Park.
More about this property
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