Property Description
Don't miss this exceptional investment opportunity featuring two duplexes on one lot, offering four income-producing units with immediate cash flow. Located at 2929 Nine Iron Drive and 2934 Eight Iron Drive, all four units are currently occupied with 12-month leases in place, providing stable rental income from day one. Each duplex features 2 bedrooms, and 1 full bathroom and a washer/dryer hookups for added convenience. Both roofs were replaced in 2019. This property is centrally located in Lakeland, offering convenient access to shopping, dining, major roadways, schools, and everyday amenities, making it an attractive location for tenants and helping support long-term rental demand. Whether you're looking to expand your investment portfolio or secure a multifamily asset, opportunities like this are hard to find. With four occupied units, strong income potential, and a central location, this is an investment you won't want to miss.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.35 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $5,441
Year Built: 1983
Square Feet: 3,400
Amenities
Primary Bedroom Main Floor
Thermostat
Lighting
Feature Descriptions
Annual Net Income: 35000.00
Days on Site: 8
Directions: From Polk Pkwy, head N on US-98. Turn right onto S Combee Rd. Turn right onto Skyview Dr. Turn left onto Five Iron Dr. Turn right onto Eight Iron Drive. Property will be on your left.
Exterior: Concrete
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA
Lot Dimensions: 0.35
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox, See Remarks
Special Sale Provisions: None
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: PUD
Listed By / Shown By
Listed By
Agency Name: ALL COUNTY POLK PROPERTY MANAG
Agency Contact: 863-510-5965
Shown By
Agent Name: Marc Loscalzo
Agent Phone: (904) 473-9035
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 3,114.30 per month $2,515.34 Principal & Interest $453.42 Property Tax $145.54 Homeowner's InsuranceChange Payment Information
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2929 Nine Iron Drive | MLS# L4963478
This multi-family property located at 2929 Nine Iron Drive , Lakeland, FL 33801 is currently listed for sale with an asking price of $499,000. Search Lakeland real estate on www.soldbyloscalzo.com today.