Coaching
BEDS5
BATHS4 full
SQUARE FEET2,159
MLS#O6422400
STATUSActive
PROPERTY TYPEResidential -
SUBDIVISIONAUBURNDALE HEIGHTS
Property Description
Turnkey Duplex Investment Opportunity | Fully Leased | Strong Cash Flow | Auburndale, FLExceptional income-producing duplex in the heart of Auburndale, Florida, offering immediate cash flow with both units currently leased. This turnkey multifamily property is an excellent opportunity for investors seeking stable rental income in the growing Polk County market.The property features a spacious 4-bedroom, 3-bathroom residence leased at $1,500 monthly and a well-appointed 2-bedroom, 2-bathroom residence leased at $1,400 monthly, generating $2,900 in monthly rental income ($34,800 annually).The owner has invested approximately $80,000 in renovations and improvements, enhancing the property's value while helping reduce future maintenance costs. Well maintained with dependable tenants already in place, this duplex allows the new owner to begin receiving rental income immediately after closing.Ideally located near Interstate 4, the property provides convenient access to Lakeland, Winter Haven, Orlando, and Tampa. Shopping, dining, schools, parks, medical facilities, and major employers are all just minutes away.Investment HighlightsFully leased duplexImmediate rental incomeMonthly rental income of $2,900Approximately $80,000 in recent upgradesSeparate living spaces with excellent rental appealIdeal for investors seeking consistent incomeStrong rental market in Central FloridaConvenient access to I-4, Lakeland, Winter Haven, Orlando, and TampaExcellent addition to any real estate investment portfolioWhether you're completing a 1031 Exchange, expanding your portfolio, or purchasing your first multifamily investment, this Auburndale duplex offers an exceptional opportunity to own an established income-producing property in one of Central Florida's fastest-growing areas. Seller is motivated! Don't let the asking price stop you. This is an outstanding opportunity to own a well-maintained, income-producing property in one of Central Florida's fastest-growing markets. Schedule your private showing today!
Property Features
Property Type: Residential -
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,322
Year Built: 1930
Amenities
Ceiling Fans(s)
None
Feature Descriptions
Appliances: Cooktop, Microwave, Range, Refrigerator
Directions: 6th ST NW (Hwy 17 N), left on Havendale Blvd (544) to Magnolia. Make left on Oak, house on left.
Exterior: Stucco, Frame
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Lease Purchase, Private Financing Available, VA Loan
Lot Dimensions: 0.19
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Half Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Available
Water: Public
Water Access Y/N: No
Zoning: R-3
Room Sizes
Living Room: 14x16
Kitchen: 10x12
Primary Bedroom: 12x14
Listed By / Shown By
Listed By
Agency Name: IAD REAL ESTATE
Agency Contact: 407-720-0020
Shown By
Agent Name: Coaching
Agent Phone:
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 2,465.77 per month $2,075.21 Principal & Interest $276.83 Property Tax $113.72 Homeowner's InsuranceChange Payment Information
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517 Oak Street | MLS# O6422400
This home located at 517 Oak Street, Auburndale, FL 33823 is currently listed for sale with an asking price of $389,900. This property was built in 1930 and has 5 bedrooms and 4 full baths with 2159 sq. ft. Oak Street is located in the AUBURNDALE HEIGHTS subdivision. Search AUBURNDALE HEIGHTS real estate on recruiting.adamscameron.com today.