BEDS4
BATHS
SQUARE FEET1,664
MLS#L4961936
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCHERRY WOODS
Property Description
One or more photo(s) has been virtually staged. Investor opportunity in the heart of Lakeland! This well-maintained duplex at 5637 & 5639 Cherrywood Circle offers an excellent opportunity for both seasoned investors and owner-occupants looking to generate rental income. Both units are currently vacant to offer ease of showing. Each side features 2 bedrooms, 1 bathroom, a spacious kitchen with ample cabinetry and prep space, tile flooring throughout for easy maintenance, updated lighting fixtures and ceiling fans. The updated bathrooms, fresh interior and exterior paint provide a clean, modern feel throughout both units. Situated on a large, oversized lot, the exterior offers updated landscaping, a durable metal roof, and additional storage rooms for each unit, adding extra functionality and value for tenants or owners alike. Conveniently located in Lakeland, this property provides quick access to shopping, dining, medical facilities, major roadways, and everything Central Florida has to offer. Enjoy proximity to downtown Lakeland, local parks, and nearby colleges including Florida Southern College and Southeastern University, making this an attractive location for long-term rental demand. Don't miss your chance to own an income-producing property in a growing area of Central Florida!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.29 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $3,640
Year Built: 1984
Amenities
Ceiling Fans(s)
Thermostat
Storage
Feature Descriptions
Annual Net Income: 36000.00
Appliances: Dishwasher, Range, Range Hood, Refrigerator
Directions: Going South on Old Highway 37 turn right onto Cherry Lane and first left onto Cherrywood Circle- veer right and homes are on the right.
Exterior: Block
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.29
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Other
Showing Instructions: Appointment Only, Combination Lock Box, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: BHHS FLORIDA PROPERTIES GROUP
Agency Contact: 863-701-2350
Shown By
Agent Name: Mary Farrelly
Agent Phone:
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 1,209.29 per month $800.98 Principal & Interest $303.33 Property Tax $104.97 Homeowner's InsuranceChange Payment Information
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5637 Cherry Wood Circle | MLS# L4961936
This multi-family property located at 5637 Cherry Wood Circle, Lakeland, FL 33811 is currently listed for sale with an asking price of $359,900. Search Lakeland real estate on mfarrelly.realty100.com today.