Active

$363,000

Features:
  • 5 Bedrooms
  • 5 Bathrooms
  • 3018 sq ft
Overview
  • ID: MFRTB8517821
  • Bedrooms: 5
  • Bathrooms: 5
  • Size: 3018 sq ft
Property Details
Remarks
Exceptional income-producing opportunity in the heart of Bartow! Situated on nearly half an acre just blocks from Downtown Bartow, this unique property offers multiple revenue streams and significant value-add potential for investors. Currently configured as a multi-unit property, the upper level features a private 2-bedroom, 1-bath apartment with its own kitchen and two separate entrances. The lower level is currently being used as a single unit as a spacious 3-bedroom, 3-bath living area, plus an additional studio with a full bathroom and private entrance that is currently operating as a home hair salon. The existing layout provides flexibility for owner-occupants, long-term rentals, short-term rentals, workforce housing, or multi-generational tenancy. A major investment advantage is the presence of three separate electric meters already in place, offering the potential to divide the property into up to three income-producing units (buyer to verify zoning and permitted use). The expansive lot provides ample parking and additional opportunities for future improvements or increased rental appeal. Located just minutes from Downtown Bartow's government offices, employers, dining, shopping, and community amenities, the property benefits from strong rental demand drivers and convenient access to major Polk County employment centers. With multiple entrances, separate utility infrastructure, and flexible occupancy options, this property presents a rare opportunity to maximize cash flow while building long-term equity. Whether you're looking to expand your rental portfolio, execute a value-add strategy, or capitalize on a multi-unit investment with existing infrastructure in place, this property offers the versatility and income potential that savvy investors seek.
Financial Considerations
Price:
$363,000
HOA Fee:
N/A
Tax Amount:
$3265.78
Price per SqFt:
$120.28
Tax Legal Description:
BEG 482 FT S & 30 FT W OF NE COR OF NW1/4 OF NW1/4 RUN S 92 FT W 200 FT N 92 FT E 200 FT TO POB
Exterior Features
Lot Size:
18313
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Membrane, Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
5
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
Yes
Floor:
Wood
Levels:
Two
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1900
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Private Entrance
Additional Features 2:
Verify all lease restrictions with the city of Bartow
Map
  • Address
    605 S JACKSON AVE
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