Description

Income-producing opportunity in Lakeland! This quadplex delivers strong and consistent cash flow, currently generating approximately **$70,000 in annual gross rental income**.Each of the four units is well-positioned to attract and retain long-term tenants, offering stability and minimal vacancy. The property is conveniently located near major roadways, shopping, dining, and employment centers, making it highly desirable in a strong rental market.**Investment Highlights:*** Quadruplex (4 units)* Gross Annual Income: ~$70,000* Stable occupancy with consistent rental demand* Desirable Central Florida location* Opportunity for future rent growth**Investment Metrics (Pro Forma):*** Estimated Operating Expenses (30%): $21,000* **Net Operating Income (NOI): $49,000****Estimated Cap Rates:*** 7.0% at $700,000A solid opportunity for investors seeking reliable income with upside potential in a growing market. Ideal for both seasoned investors and those looking to expand their portfolio with a performing asset.