517 OAK ST, Auburndale, FL 33823
517 OAK ST, Auburndale, FL 33823
517 OAK ST, Auburndale, FL 33823
517 OAK ST, Auburndale, FL 33823
517 OAK ST, Auburndale, FL 33823
517 OAK ST, Auburndale, FL 33823
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$ 369,000
Est. payment | /mo

5 Beds

4 Baths

2,159 SqFt


$ 369,000
Est. payment | /mo

5 Beds

4 Baths

2,159 SqFt

Open House

Thu Jul 23, 7:00am - 11:00pm

Fri Jul 24, 7:00am - 11:00pm

Sat Jul 25, 7:00am - 11:00pm

Sun Jul 26, 7:00am - 11:00pm

Key Details

Property Type Single Family Home

Sub Type Half Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,159 sqft

Price per Sqft $170

Subdivision Auburndale Heights

MLS Listing ID O6422400

Bedrooms 5

Full Baths 4

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 Half 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 Ceiling Fans(s)

Heating Central, Electric

Cooling Central Air

Flooring Luxury Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Cooktop, Microwave, Range, Refrigerator

Laundry None

Exterior

Exterior Feature None

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available

Water Access No

Roof Type Shingle

Exposure East

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

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

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

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6422400

Stellar MLS
Listed by Merly Esgro IAD REAL ESTATE

NEARBY SCHOOLS & PROPERTIES

Josh Cotton

"People Before Property"

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

 

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517 OAK ST