$599,900

$250/sq ft

$75,000
Price Decreased

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Overview

Year Built

1955

Sqft

2400

Property Type

Multi Family

Property Description

**BACK ON MARKET**Turnkey 6-unit studio apartment building on a corner lot in Winter Haven – 100% occupied and fully remodeled! All units have been upgraded with NEW INTERIOR PAINT, NEW APPLIANCES, NEW CABINETS, NEW COUNTERTOPS, NEW TRIM, NEW FLOORING, NEWER VINYL WINDOWS, NEW CEILING FANS, and MODERN LIGHT FIXTURES. Each unit features its own FRONT PORCH, IN-UNIT LAUNDRY WITH FRONT-LOADING WASHER & DRYER, and DESIGNATED PARKING SPACE (1 per unit). Tenants pay their own ELECTRIC AND WATER, while the owner only pays approximately $109/MONTH FOR LANDSCAPING. The property also includes a STORAGE SHED, NEW MINI SPLIT A/C SYSTEMS IN EACH UNIT, ROOF REPLACED IN 2022, and a FRESHLY PAINTED EXTERIOR. Property management is already in place for just 5% OF GROSS MONTHLY INCOME, making this a true TURNKEY INVESTMENT OPPORTUNITY. Conveniently located near DOWNTOWN WINTER HAVEN, LEGOLAND FLORIDA, MAJOR SHOPPING CENTERS, RESTAURANTS, and HIGHWAY ACCESS, this property sits in the heart of one of Central Florida’s fastest-growing markets. Winter Haven is known for its CHAIN OF LAKES, VIBRANT REVITALIZATION PROJECTS, and increasing demand for rental housing, making this a prime opportunity for both cash flow and long-term appreciation. Best of all, this property is NOT LOCATED IN A FLOOD ZONE, helping keep insurance costs lower and making it even more attractive for investors.

Property Details

MLS#

TB8405572

Address

351 AVENUE N

City

Winter Haven

State/county

FL

Zip/Postal Code

33881

Area

Silvercrest Add

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,268

Maint Fee

$--

Tax Year

2024

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Boris Gelfand