$199,900

$126/sq ft

$290,100
Price Decreased

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Overview

Bedroom

4

Bath

2

Year Built

1947

Sqft

1584

Property Type

Single Family Residence

Property Description

IF YOU'RE A SAVVY INVESTOR, look no further! Excellent INVESTMENT opportunity! TWO HOMES FOR THE PRICE OF ONE! 2 RENOVATED rental homes with the potential of a 3rd home being built on the same lot. Unlock incredible potential with this rare multi-property opportunity in Auburndale, FL! Includes a total of TWO single-family homes (a 1BR/1BA - located in the front left of the lot and 3 BR/1BA - located towards the rear of the lot). FULLY RENOVATED with NEW AC mini-splits, NEW ROOF, new vinyl siding, new septic tank, drain fields and tankless water heaters. The 3/1 property is leased for $1,250 month/month. Very generous sized lot with ample parking spaces for each house, plus possible storage available. Seller can provide financing up to 70% of the sale amount on this property. Should you desire MORE cash flow, the adjacent property is also available for sale. The parcel includes a commercial building with front business space and two 1 bedroom apartments in the rear, all recently renovated as well. Current rents/price = over 11% return! With far higher future potential! NO HOA! Potential to live in one, and rent the rest! With its prime location just minutes from downtown Auburndale, scenic lakes, restaurants, and shopping, this property offers endless possibilities for investors, developers, or visionaries looking to capitalize on the area’s growth. Live in one and rent the other one. Seller financing and private financing available. Don’t miss your chance, this one won’t last!

Property Details

MLS#

P4936118

Total Floor in Bldg

1

Address

1510 DERBY

City

AUBURNDALE

State/county

FL

Zip/Postal Code

33823

Area

Auburn Mobile Park

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,866

Maint Fee

$--

Tax Year

2024

Other

Range

Refrigerator

City

Garden

Trees/Woods

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Boris Gelfand