214 N Chestnut Road, LAKELAND, FL

$695,000

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2,975

Square feet

0.20

Acres

About 214 N Chestnut Road

Investor’s Dream in the Heart of Lakeland! This fully leased 6-unit residential building is an instant money maker! Each unit features its own electric meter and dedicated central A/C, providing tenants with independence and helping minimize operating expenses for the owner. Located on city utilities with a private septic system, this setup offers both convenience and cost-efficiency—ideal for any savvy investor. Roughly 496 Sq ft Under Air in each unit. Perfectly positioned near Lakeland’s top destinations, tenants enjoy easy access to Lake Mirror and the Frances Langford Promenade, Hollis Garden, Lake Morton, and Bonnet Springs Park. Just minutes away are Circle B Bar Reserve, Polk Theatre, Frank Lloyd Wright’s iconic architecture at Florida Southern College, and the AGB Museum of Art. From the Lakeland Escape Room and Family Fun Center to Common Ground Playground, the Downtown Farmers Curb Market, Silver Moon Drive-In, and Safari Wilderness Ranch, this location delivers consistent rental demand. Don’t miss your chance to own this income-producing gem in one of Central Florida’s most vibrant and growing communities!

Features of 214 N Chestnut Road

MLS® # TB8415495
Price $695,000
Square Footage 2,975
Acres 0.20
Year Built 1982
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 214 N Chestnut Road
Area Lakeland
City LAKELAND
County Polk
State FL
Zip Code 33815-7338

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No

Exterior

Foundation Block

Additional Information

Date Listed August 7th, 2025
Days on Market 58
Zoning PUD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHOMESMART

Listing Map

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