This property offers three historically strong cash-flowing units in a quiet residential neighborhood of Winter Haven. The front single-family home is currently vacant and available for owner occupancy, providing the option for favorable financing terms. Two units are currently leased at $1,100 a month. All shingle roofs were replaced in 2019, and the exterior was fully repainted that same year. The property features tile flooring throughout. The stairs and railing for the upstairs unit were re-welded with new floor panels and treated for rust. A washer and dryer hookup is available in the single-family unit, while the duplex units do not include laundry connections. Located less than five minutes from Publix, restaurants, and other local businesses, this property presents a strong investment opportunity with the flexibility of owner occupancy.
Financial Considerations
Price:
$400,000
HOA Fee:
N/A
Tax Amount:
$2819
Price per SqFt:
$209.64
Tax Legal Description:
INWOOD UNIT 4 PB 9 PG 35A 35B S 13 & 24 T 28 R 25 LOT 921