Great investment opportunity in Lakeland! This fully occupied, income-producing four unit property features a 3 bedroom 2 bath main home and three 2 bedroom 1 bath apartments ideal for generating consistent rental income or on site living in main home and rent the others. Property provides convenient access to shopping, dining, major roadways. A new roof installed in 2024 adds peace of mind and reduces near-term maintenance costs. Whether you're a seasoned investor or just getting started, this multi-unit property offers strong income potential in a growing market. Don’t miss your chance to secure!
Multi-familyProperty Type
1980Year Built
0.63 acresLot Size
$174Price/Sq.Ft.
2 spacesParking
Listed by Linda Kerns• LINDA STARR KERNS & ASSOCIATES
The purpose of the RL-1 district is to provide areas for the low density residential needs of residents in urban areas who desire areas with larger sized lots, a minimum of 40,000 square feet
Replace windows with new windows of the same size on a triplex building.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 25 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Lakeland, FL • 33810
Average low and high temperatures (°F)
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75
53
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Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 20% for direct sun exposure in Lakeland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
7.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2220 N Galloway Rd
$598,460
$52K under list price of $650K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $227K to $635K.