1201 BUDDWOOD RD, Lakeland, FL 33801
1201 BUDDWOOD RD, Lakeland, FL 33801
1201 BUDDWOOD RD, Lakeland, FL 33801
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John L Strauss

John L Strauss

+1(386) 848-8333
$550,000
Est. payment /mo
8 Beds
4 Baths
3,364 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,364 sqft

Price per Sqft $163

Subdivision Golconda

MLS Listing ID O6399970

Bedrooms 8

Construction Status Completed

HOA Y/N No

Year Built 1976

Annual Tax Amount $3,777

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions 65x130

Property Sub-Type Quadruplex

Source Stellar MLS

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.

Location

State FL

County Polk

Community Golconda

Area 33801 - Lakeland

Zoning RB-1

Interior

Interior Features Eat-in Kitchen

Heating Central, Electric

Cooling Central Air

Fireplace false

Laundry Inside

Exterior

Exterior Feature Other

Parking Features Parking Pad

Utilities Available Cable Available, Electricity Connected, Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Brick

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://mls.ricoh360.com/7ac3710a-adf9-4569-aa12-ec7b0c68db9b

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Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Tyler Gibson LLC LPT REALTY, LLC

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John L Strauss
John L Strauss

Agent | License ID: SL3563313

+1(386) 848-8333

JohnLStrauss.com

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