1201 Buddwood Road, Lakeland, FL 33801

$540,000
8
BD
4
BA
3,364
SqFt

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Sold Price
$540,000
List Price
$550,000
Status
Sold
Days on Market
2
Closing Date
May 12, 2026
MLS#
O6399970
Property Style
Quadruplex
Year Built
1976
Bedrooms
8
Bathrooms
4
Living Area
3,364
Lot Size
16,679
Acres
0.38
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Golconda
MLS Area Major
Lakeland

Property Description

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.

Additional Information

Taxes
$3777
Community Features
No Deed Restriction
Zoning
RB-1
Interior Layout
Eat-in Kitchen
Interior Features
Eat-in Kitchen
Utilities
Cable Available, Electricity Connected, Public
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Brick
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Parking Pad
Flood Zone Code
X
Parcel ID
24-28-17-193500-004240
Legal Description
GOLCONDA PB 8 PG 34 BLK 4 LOTS 24 & 25

Listing courtesy of LPT REALTY, LLC. 877-366-2213

Selling Office: PREMIER SOTHEBYS INTL REALTY.

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