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Josh Cotton

josh@welcomehome904.com +1(904) 982-8461

$ 319,900

Est. payment | -/mo

4 Beds

2 Baths

1,816 SqFt

Save Virtual Tour

$ 319,900

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

1,816 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,816 sqft

Price per Sqft $176

Subdivision Fanning Sub

MLS Listing ID O6420791

Bedrooms 4

Construction Status Completed

HOA Y/N No

Year Built 1955

Annual Tax Amount $3,610

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 75x140

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Welcome to an exceptional HOUSE HACKING and INVESTMENT OPPORTUNITY in the heart of Winter Haven! Legally classified as a SINGLE-FAMILY HOME, this unique property is GRANDFATHERED FOR MULTI-FAMILY USE and is currently configured as two separate living units, making it ideal for INVESTORS, OWNER-OCCUPANTS, or MULTI-GENERATIONAL LIVING. The front unit features 3 BEDROOMS, 1 BATHROOM, its own PRIVATE CARPORT, LAUNDRY ROOM, separate entrance, and private backyard, while the rear unit offers 1 BEDROOM, 1 BATHROOM, a private entrance, private backyard, and is currently rented for OVER $1,200 /MONTH. For added comfort, energy efficiency, and long-term value, the rear unit has been upgraded with a NEW MINI-SPLIT A/C SYSTEM, providing efficient climate control for tenants. The front unit has an estimated rental value of $1,650-$1,750 /MONTH, creating a projected combined rental income of approximately $2,850-$3,000+ /MONTH. Looking for additional upside? One of the bedrooms in the front unit has its OWN EXTERIOR ENTRANCE leading to the patio and offers exciting VALUE-ADD POTENTIAL for a future studio or efficiency conversion by adding a bathroom and kitchenette (buyer to verify all permitting, zoning, and city requirements). Recent 2023 UPDATES include updated kitchen countertops, fresh exterior paint, new flooring and interior paint in the rear unit, along with the installation of the NEW MINI-SPLIT A/C, making this property truly move-in and rent-ready. The home is serviced by ONE WATER METER and TWO SEPARATE ELECTRICAL METERS, allowing each unit to maintain its own electrical service. Perfectly situated just minutes from DOWNTOWN WINTER HAVEN, the famous Chain of Lakes, shopping, dining, healthcare, and schools, you'll also enjoy convenient access to US-27, I-4, Orlando International Airport, Downtown Orlando, and Walt Disney World, along with many of Central Florida's top attractions. As Winter Haven continues to experience significant residential, commercial, and economic growth, this property presents an outstanding opportunity to capitalize on both IMMEDIATE CASH FLOW and LONG-TERM APPRECIATION, whether you're looking to LIVE IN ONE UNIT WHILE RENTING THE OTHER, expand your investment portfolio, or own a versatile income-producing property with exceptional future potential. For added flexibility, the front 3-bedroom unit is also being offered FOR RENT, creating additional options for investors or future owner-occupants. Front Unit was Virtually Staged.

Location

State FL

County Polk

Community Fanning Sub

Area 33880 - Winter Haven/Eloise/Jpv/Wahnetta

Zoning R-1B

Direction SE

Rooms

Other Rooms Bonus Room, Family Room, Garage Apartment, Interior In-Law Suite w/Private Entry

Interior

Interior Features Ceiling Fans(s), Living Room/Dining Room Combo

Heating Central, Ductless

Cooling Central Air, Attic Fan

Flooring Ceramic Tile, Laminate

Fireplaces Type Wood Burning

Furnishings Unfurnished

Fireplace true

Appliance Range, Refrigerator

Laundry Outside

Exterior

Exterior Feature Courtyard, Sidewalk

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Available

View City

Roof Type Shingle

Porch Porch, Screened

Attached Garage false

Garage false

Private Pool No

Building

Lot Description Corner Lot, City Limits, Landscaped, Sidewalk, Paved

Entry Level One

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Completed

Schools

Elementary Schools John Snively Elem

Middle Schools Denison Middle

High Schools Winter Haven Senior

Others

Pets Allowed Cats OK, Dogs OK, Number Limit, Size Limit

Senior Community No

Pet Size Extra Large (101+ Lbs.)

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Num of Pet 10+

Special Listing Condition None

Virtual Tour https://www.youtube.com/watch?v=ZUSwzK6Vx1Y

Listed by Nomar Rosa LPT REALTY, LLC

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 982-8461

josh@welcomehome904.com

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501 AVENUE G SE Winter Haven, FL 33880