$233,000
$235,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
1,368 SqFt
SOLD DATE : 05/06/2024
Key Details
Sold Price $233,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,368 sqft
Price per Sqft $170
Subdivision Lakeside Add
MLS Listing ID T3505267
Sold Date 05/06/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1920
Annual Tax Amount $1,524
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Under Contract- Accepting backup offers!
Investor Alert! Cash Flow on Day 1! Don't miss out on this fantastic opportunity to own a fully rented duplex in the heart of Winter Haven, Florida. Each side of this spacious duplex features 2 bedrooms, 1 bath, and over 1300 sqft total of comfortable living space, making it an attractive investment option. Currently, both units are tenant-occupied, generating a combined gross income of $2,725 per month (including pet fees). Unit A rents for $1,275 per month (lease ending in 01/31/2025), while Unit B brings in $1,200 per month (lease ending in 11/29/2024). With tenants responsible for all utilities except water, this investment offers low overhead costs and high potential returns.
Recent updates enhance the appeal and value of this investment property. The exterior and interior have been freshly painted, giving the duplex a modern and well-maintained appearance. Unit A boasts new carpet, drywall, and ceiling fans, providing a comfortable and inviting living space for tenants. Additionally, Unit B features a new shower/tub combo, a new porch/deck, and a mini-split AC unit installed in 2023, ensuring tenant satisfaction and retention.
Convenience is key for tenants with washer and dryer hookups available in both units. Plus, the property is just a quick walk to Lake Howard, providing residents with easy access to outdoor recreation and scenic views. Located in Winter Haven, Florida, this duplex offers investors a prime opportunity to capitalize on the thriving rental market in the area. With strong rental demand and a solid rental history, this property is sure to deliver consistent cash flow and long-term appreciation.
Don't let this lucrative investment slip through your fingers. Seize the opportunity to add this fully rented duplex to your portfolio and start earning passive income today!
Location
State FL
County Polk
Community Lakeside Add
Zoning RP
Direction SW
Interior
Interior Features Ceiling Fans(s)
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Carpet, Wood
Fireplace false
Appliance Electric Water Heater, Refrigerator
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Balcony
Utilities Available BB/HS Internet Available, Electricity Available, Phone Available
Waterfront false
View Water
Roof Type Shingle
Porch Covered, Side Porch
Garage false
Private Pool No
Building
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
New Construction false
Schools
Elementary Schools Lake Shipp Elem
Middle Schools Denison Middle
High Schools Winter Haven Senior
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with KELLER WILLIAMS REALTY SMART
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