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About this home
2220 N Galloway Rd is a 1980-built home in Unincorporated, Lakeland. Inside you'll find 9 bedrooms, 5 bathrooms, and 3,741 square feet of living space. Listed at $650,000 (about $174/sqft), 128 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
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!
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$650,000
$174 per sq ft
Beds and baths
9 beds, 5 baths
Size
3,741 sq ft
Time on market
128 days
Year built
1980
Monthly payment
About $4,235/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,237 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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