Pending

$269,995

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 1080 sq ft
Overview
  • ID: MFRTB8542880
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 1080 sq ft
Property Details
Remarks
Under contract-accepting backup offers. TURNKEY BARTOW DUPLEX WITH STRONG INCOME POTENTIAL — MINUTES FROM DOWNTOWN MAIN STREET! This beautifully renovated duplex is a fantastic investment opportunity offering immediate rental income, modern updates, and an ideal location near the heart of Bartow. The property features two separate 2-bedroom, 1-bath units, each thoughtfully updated with modern flooring, cabinetry, updated bathroom vanities, HVAC systems, and a newer roof. Both units are currently generating $1,285 a month, providing a total gross rental income of $2,570 a month ($30,840 annually) and an attractive estimated cap rate in the 7s. Situated on an approximately 8,433-square-foot lot with convenient parking, this property is designed for easy ownership and strong rental appeal. Residents enjoy being just minutes from Bartow’s historic Main Street and downtown district, with convenient access to restaurants, shopping, entertainment, community events, and the area’s charming historic character. Whether you are an investor looking to add a turnkey, income-producing property to your portfolio or an owner-occupant seeking the opportunity to live in one unit while generating income from the other, this well-maintained duplex offers flexibility, location, and excellent cash-flow potential. A true turnkey opportunity in the heart of Bartow!
Financial Considerations
Price:
$269,995
HOA Fee:
N/A
Tax Amount:
$4605.87
Price per SqFt:
$250
Tax Legal Description:
SOUTH FLORIDA RR ADD PB 1 PG 27 TIER 8 BLK 1 LOT 6
Exterior Features
Lot Size:
8433
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Heat Pump
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1956
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence
Additional Features 2:
N/A
Map
  • Address
    585 S 3RD AVE
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