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Property Photos
214 Chestnut Road214 Chestnut Road Listing photo id 0 for 214 Chestnut Road Listing photo id 1 for 214 Chestnut Road Listing photo id 2 for 214 Chestnut Road Listing photo id 3 for 214 Chestnut Road Listing photo id 4 for 214 Chestnut Road Listing photo id 5 for 214 Chestnut Road Listing photo id 6 for 214 Chestnut Road Listing photo id 7 for 214 Chestnut Road Listing photo id 8 for 214 Chestnut Road Listing photo id 9 for 214 Chestnut Road Listing photo id 10 for 214 Chestnut Road Listing photo id 11 for 214 Chestnut Road Listing photo id 12 for 214 Chestnut Road Listing photo id 13 for 214 Chestnut Road Listing photo id 14 for 214 Chestnut Road Listing photo id 15 for 214 Chestnut Road
  • MLS#: TB8415495 ( Commercial Sale )
  • Street Address: 214 Chestnut Road
  • Viewed: 39
  • Price: $695,000
  • Price sqft: $174
  • Waterfront: No
  • Year Built: 1982
  • Bldg sqft: 3999
  • Days On Market: 90
  • Additional Information
  • Geolocation: 28.0426 / -81.9945
  • County: POLK
  • City: LAKELAND
  • Zipcode: 33815
  • mfrmls
  • DMCA Notice
  • Description
    Investors 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 efficiencyideal for any savvy investor. Roughly 496 Sq ft Under Air in each unit. Perfectly positioned near Lakelands 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 Wrights 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. Dont miss your chance to own this income producing gem in one of Central Floridas most vibrant and growing communities!
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. BEG 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
Living Area
  1. 2975.00
Area Major
  1. 33815 - Lakeland
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 23-28-15-000000-024280
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Access Road
  2. City Street
Tax Year
  1. 2024
Township
  1. 28
Views
  1. 39
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8415495
Year Built
  1. 1982
Zoning Code
  1. PUD