Active

$220,000

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 1300 sq ft
Overview
  • ID: MFRS5156014
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 1300 sq ft
Property Details
Remarks
Virtually Staged. INVESTMENT OPPORTUNITY IN AUBURNDALE! Income-producing duplex located at 229 McKean Street, just minutes from Downtown Auburndale. Each unit features 1 bedroom, 1 bathroom, and dedicated storage space, with estimated market rents of approximately $950/month per unit, offering potential gross rental income of approximately $1,900/month or $22,800 annually. Major improvements include a BRAND-NEW ROOF, updated electrical systems, and A/C systems approximately 3 to 4 years old, along with additional property upgrades, helping reduce some of the larger upfront expenses for a new owner. Conveniently located near Lake Myrtle Sports Park, the Auburndale/TECO Trail, Lake Ariana Park, with easy access to Winter Haven, Lakeland, and surrounding Central Florida communities. Whether you’re looking to add a multifamily property to your portfolio or secure an investment with income potential from two units, this Auburndale duplex is worth a look. Schedule your showing today!
Financial Considerations
Price:
$220,000
HOA Fee:
N/A
Tax Amount:
$2575
Price per SqFt:
$169.23
Tax Legal Description:
ALBERTA PARK ANNEX REPLAT PB 37 PG 41 LOT 16
Exterior Features
Lot Size:
8276
Lot Features:
City Limits
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
Central, Electric
Cooling:
Central Air, Attic Fan
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
Carpet, Ceramic Tile, Vinyl
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1948
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk, Storage
Additional Features 2:
N/A
Map
  • Address
    229 MCKEAN ST
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