Exceptional opportunity to acquire a fully occupied, income producing quadplex in one of Lakelands most desirable rental corridors. Located at 201 Ariana Street, this property is perfectly positioned within A brief stroll away to Florida Southern Collegedriving consistent, high demand tenancy, particularly among scholars.
Each of the four units is a well designed 1 bedroom, 1 bath layout (~650 sq ft) featuring private screened porches, offering tenants added living space and privacyan amenity that significantly enhances rental appeal. All units typically rent at $1200 a month, providing immediate, stable cash flow from day one.
This property presents a strong value add opportunity for investors looking to maximize returns. With below market positioning relative to location demand, there is potential to increase rents over time or make light cosmetic upgrades to further enhance income and equity.
Situated in a prime central location with close proximity to downtown Lakeland, dining, shopping, and major roadways, this asset benefits from both consistent tenant demand and long term appreciation potential.
Investment Highlights:
Fully occupied 4 unit property immediate cash flow
All units: 1BR/1BA, ~650 sq ft each
Private screened porches for every unit
Current rents: $1,200/month each unit
Walking distance to Florida Southern College high student demand
Strong rental market with upside potential
Ideal for investors seeking stable income + value add growth
This is a rare opportunity to secure a turnkey multi family property in a high demand location with built in income and future upside.
Exceptional opportunity to acquire a fully occupied, income producing quadplex in one of Lakelands most desirable rental corridors. Located at 201 Ariana Street, this property is perfectly positioned within A brief stroll away to Florida Southern Collegedriving consistent, high demand tenancy, particularly among scholars.
Each of the four units is a well designed 1 bedroom, 1 bath layout (~650 sq ft) featuring private screened porches, offering tenants added living space and privacyan amenity that significantly enhances rental appeal. All units typically rent at $1200 a month, providing immediate, stable cash flow from day one.
This property presents a strong value add opportunity for investors looking to maximize returns. With below market positioning relative to location demand, there is potential to increase rents over time or make light cosmetic upgrades to further enhance income and equity.
Situated in a prime central location with close proximity to downtown Lakeland, dining, shopping, and major roadways, this asset benefits from both consistent tenant demand and long term appreciation potential.
Investment Highlights:
Fully occupied 4 unit property immediate cash flow
All units: 1BR/1BA, ~650 sq ft each
Private screened porches for every unit
Current rents: $1,200/month each unit
Walking distance to Florida Southern College high student demand
Strong rental market with upside potential
Ideal for investors seeking stable income + value add growth
This is a rare opportunity to secure a turnkey multi family property in a high demand location with built in income and future upside.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Balcony, French Doors, Sidewalk
Living Area: 2624.00
Roof: Shingle
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Wall/Window Unit(s)
Heating: Ductless
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Country: US
Interior Features: Ceiling Fans(s)
Legal Description: DIXIELAND PB 1 PG 67 BLK S LOT 18
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