Active

$212,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 960 sq ft
Overview
  • ID: MFRO6285834
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 960 sq ft
Property Details
Remarks
Full Duplex Investment Opportunity – Winter Haven, Florida Great Rental Income Potential! This well-maintained duplex in Winter Haven offers a fantastic investment opportunity with strong rental income potential. Featuring two separate units, each with 2 bedrooms and 1 bathroom, this property is ideal for investors looking to expand their portfolio. Property Highlights: - Two 2-Bedroom, 1-Bath Units: Spacious and comfortable living space for tenants. - Tile Flooring Throughout: Low-maintenance and durable. - Large Open Living Area: Including kitchen, dining, and living room areas perfect for everyday living. - Private Fenced Backyards: A great feature for outdoor enjoyment and privacy. - Private Laundry Rooms & Storage: Added convenience for tenants. - Enclosed Front Porch: A charming feature that enhances curb appeal and offers extra space. - Ample Parking: Plenty of parking spaces for both units. - Tenant Occupied: Both units are currently rented, providing immediate rental income. Tenant A pays $900 / deposit $900 Lease end date month to month Tenant B pays $950 / deposit $950 Lease end date 09/01/2025. Unique Location: Located just across from Lake Shipp, tenants can enjoy the serene lake lifestyle, including fishing and outdoor activities. The property is also conveniently close to US Hwy 17, offering easy access to shopping, dining, and entertainment options. Additional Benefits: Low property taxes - No HOA fees - This is a rare opportunity to acquire a duplex in such a prime location with stable tenants in place. Appointment Only – Call Today to Schedule a Showing!
Financial Considerations
Price:
$212,000
HOA Fee:
N/A
Tax Amount:
$3575
Price per SqFt:
$220.83
Tax Legal Description:
LAKE SHIPP HTS UNIT 5 PB 34 PG 14 LOT 10
Exterior Features
Lot Size:
7841
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Electric
Cooling:
Wall/Window Unit(s)
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1951
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Fence
Additional Features 2:
N/A
Map
  • Address
    89 RIDGE AVE
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