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5637 CHERRY WOOD CIRCLE

Multi-family Active With Contract
$359,900

BTC: 5.60155642

ETH: 189.15822226

16 days
4 bds
1,664 sqft

Overview

Under contract-accepting backup offers. 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!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1984
Lot:
0.29 Acres
Heating:
Electric
Price/sqft:
$216
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$3,640
2025
All facts and features
  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: One

    • Exterior Features: Storage

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 232914141550000050

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,640

  • Source details

    • MLS ID: L4961936

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Closet

    • Living Area: 1664

    • Water Source: Public

    • Lot Size Dimensions: 66 x 145

    • Subdivision Name: CHERRY WOODS SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BHHS FLORIDA PROPERTIES GROUP