Active

$435,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 2160 sq ft
Overview
  • ID: MFRS5151371
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 2160 sq ft
Property Details
Remarks
Excellent investment opportunity in the heart of Winter Haven! This fully occupied 4-unit multifamily property features four individual 1-bedroom, 1-bath units, each equipped with a kitchen and appliances, providing immediate income from day one. Ideally located just minutes from Downtown Winter Haven, this property offers convenient access to restaurants, shopping, medical facilities, parks, entertainment, and major roadways. Situated in an established neighborhood with ample parking, no HOA, and no CDD fees, this property presents an attractive opportunity for both seasoned and first-time investors. All four units are currently leased, offering stable cash flow, with one unit currently rented at $1,100 per month. Tenants are responsible for their own utilities, while the owner maintains the lawn at an approximate cost of $100 per month. Investors will appreciate the flexibility and potential this property provides, whether maintaining the current operation or making future improvements to enhance value. With its prime location, strong rental demand, and proximity to downtown amenities, this turnkey income-producing property is an excellent addition to any investment portfolio.
Financial Considerations
Price:
$435,000
HOA Fee:
N/A
Tax Amount:
$6830
Price per SqFt:
$201.39
Tax Legal Description:
SUNSET PARK PB 21 PG 46 LOT 2
Exterior Features
Lot Size:
7035
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:
4
Heating:
None
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1961
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Garden
Additional Features 2:
Please verify any restrictions with municipality to verify your usage.
Map
  • Address
    275 7TH ST SW
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