For Sale

Listed by Rey Perez, Jr from IAD FLORIDA LLC

Source: Stellar MLS #O6383818

Fernery Lane Lakeland FL 33809

$639,000

4
4
4
4080 sq. ft.
25901 sq. ft.

SingleFam

30+ days on the market

About this property

Fully occupied quadplex consisting of two duplex buildings offered as one income-producing property in Lakeland’s desirable 33809 corridor. Featuring four 2BR/1BA units with long-term leases in place through 2026, this asset delivers immediate, stable cash flow with verified annual NOI of approximately $46,000. Well maintained with functional interiors, the property presents clear upside potential through cosmetic updates. All units are in the highly desirable 2-bedroom configuration, supporting strong and consistent rental demand. Ideal for investors seeking a solid hold property, 1031 exchange buyers looking for dependable income, or a buyer interested in future owner-occupancy (subject to lease terms) while generating rental income from the remaining units. This property can be bought with no income verification needed. Offered AS-IS. Financials and rent roll available upon request. Please do not disturb tenants.

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