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Active - Quadruplex for sale

1962 CRYSTAL GROVE DRIVE, Lakeland, FL

8 bds|4,056 sqft

Facts & features

Quadruplex Property type
88 days on Beycome
1986 Year built
$160 Price/Sqft.
11,827 sqft Lot size

Why you’ll love it

Investment Opportunity – 1962 Crystal Grove Drive **Fantastic investment opportunity!** This **4-unit multifamily building** offers an excellent opportunity for investors looking to add an income-producing property to their portfolio. Each unit features a desirable **2-bedroom, 2-bathroom layout**, providing comfortable living space and strong rental appeal. **Two of the four units are currently tenant occupied**, generating **$1,500 per month per occupied unit**, providing immediate rental income while leaving additional potential to maximize the property's overall income. The four-unit configuration offers flexibility for an investor looking to build long-term cash flow and benefit from the continued demand for rental housing. The property's location adds to its investment appeal, with convenient access to everyday shopping, restaurants, schools, parks, and major roadways. Residents can enjoy nearby outdoor recreation, including opportunities for walking, biking, fishing, boating, and exploring Florida's natural surroundings. The area also offers easy access to local entertainment, dining, and shopping, making it an attractive location for both current and future tenants. Nearby attractions and recreational destinations provide plenty of options for enjoying the Florida lifestyle. Whether you're an experienced investor or looking for your first multifamily investment, **1962 Crystal Grove Drive** presents an exciting opportunity with **four 2-bedroom, 2-bathroom units**, existing rental income, and additional potential to increase occupancy and cash flow. **Four units. Strong rental potential. Two units currently producing $1,500/month each. Don't miss this opportunity to add a versatile multifamily property to your investment portfolio!**

Translating description...

Listings courtesy of TRUDEALS REALTY CORP as distributed by MLS GRID.

Listed by: Candace Garber • candace@trudealsrealty.com • TRUDEALS REALTY CORP

Co-listed by: TRUDEALS REALTY CORP

Source: Stellar MLS as distributed by MLS GRID, MLS#: O6434625 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$425,000$880,000
1%20%
0%90%
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Estimated monthly payment

$3,782/mo

  • Mortgage$3,287
  • Property tax$495
  • HOA fee
  • Homeowners insurance
Due at closing$516,750
Down payment held in escrow$130,000
Closing costs$9,750
beycome credit Est.$13,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$13,000 Credit back

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Travel times

About Crystal Grove

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$650,000 Listed price

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$13,000 Credit back

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