1201 BUDDWOOD ROAD at

1201 BUDDWOOD ROAD

For sale Days on market 2

$550,000

$163/sq ft

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Overview

Bedroom

Year Built

1976

Sqft

3364

Property Type

Quadruplex

Property Description

Under contract-accepting backup offers. 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.

Property Details

MLS#

O6399970

Address

1201 BUDDWOOD

City

Lakeland

State/county

Zip/Postal Code

33801

Area

Golconda

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,777

Maint Fee

$--

Tax Year

2025

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