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Josh Cotton

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

$ 389,900

Est. payment | -/mo

6 Beds

5 Baths

930 SqFt

Save Virtual Tour

$ 389,900

Est. payment | -/mo

Save Virtual Tour

6 Beds

5 Baths

930 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 930 sqft

Price per Sqft $419

Subdivision Auburndale Heights

MLS Listing ID O6422402

Bedrooms 6

HOA Y/N No

Year Built 1930

Annual Tax Amount $3,322

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 57x143

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Turnkey Duplex Investment Opportunity | Fully Leased | Strong Cash Flow | Auburndale, FL
Exceptional income-producing duplex in the heart of Auburndale, Florida, offering immediate cash flow with both units currently leased. This turnkey multifamily property is an excellent opportunity for investors seeking stable rental income in the growing Polk County market.
The property features a spacious 4-bedroom, 3-bathroom residence leased at $1,500 monthly and a well-appointed 2-bedroom, 2-bathroom residence leased at $1,400 monthly, generating $2,900 in monthly rental income ($34,800 annually).
The owner has invested approximately $80,000 in renovations and improvements, enhancing the property's value while helping reduce future maintenance costs. Well maintained with dependable tenants already in place, this duplex allows the new owner to begin receiving rental income immediately after closing.
Ideally located near Interstate 4, the property provides convenient access to Lakeland, Winter Haven, Orlando, and Tampa. Shopping, dining, schools, parks, medical facilities, and major employers are all just minutes away.
Investment Highlights
Fully leased duplex
Immediate rental income
Monthly rental income of $2,900
Approximately $80,000 in recent upgrades
Separate living spaces with excellent rental appeal
Ideal for investors seeking consistent income
Strong rental market in Central Florida
Convenient access to I-4, Lakeland, Winter Haven, Orlando, and Tampa
Excellent addition to any real estate investment portfolio
Whether you're completing a 1031 Exchange, expanding your portfolio, or purchasing your first multifamily investment, this Auburndale duplex offers an exceptional opportunity to own an established income-producing property in one of Central Florida's fastest-growing areas. Seller is motivated! Don't let the asking price stop you. This is an outstanding opportunity to own a well-maintained, income-producing property in one of Central Florida's fastest-growing markets. Schedule your private showing today!

Location

State FL

County Polk

Community Auburndale Heights

Area 33823 - Auburndale

Zoning R-3

Interior

Interior Features Primary Bedroom Main Floor

Heating Central, Electric

Cooling Central Air, Attic Fan

Fireplace false

Laundry None

Exterior

Exterior Feature Fence, Private Entrance

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Lease Purchase, Private Financing Available

Listing Terms Cash, Conventional, Lease Purchase, Private Financing Available

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6422402

Listed by Merly Esgro IAD REAL ESTATE

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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517 OAK ST Auburndale, FL 33823